Located in the heart of Charlotte's desirable Cotswold neighborhood, this 18-unit multifamily property offers a rare mix of immediate stability and long-term upside. Spread across four buildings on two distinct parcels (4102 Craig Ave and 1401 Falcon St), the portfolio consists entirely of easily leasable 1BR/1BA floor plans. Recent interior renovations, including modernized kitchens and baths, limit upfront capital expenditures. Investors can capitalize on historically strong tenant demand in the 28211 zip code while systematically capturing market-rate premiums to drive revenue growth. Buildings are at full occupancy except for one unit held open for showings. Ask about our other properteries -- this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
|
YEAR BUILT
|
1961
|
COUNTY
|
Mecklenburg
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
| Elementary School |
Billingsville Cotswold |
| Jr. High School |
Alexander Graham |
| High School |
Myers Park |
| AIR |
Electric |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Oven, Refrigerator |
| BASEMENT |
Crawl Space |
| CONSTRUCTION |
Brick |
| HEAT |
Electric, Natural Gas, Separate Meters |
| LOT |
0.88 acre(s) |
| LOT DESCRIPTION |
Corner Lot, Paved |
| LOT DIMENSIONS |
0.88 |
| MLS STATUS |
Active |
| PARKING |
Parking Lot |
| SEWER |
Public Sewer |
| STORIES |
1 |
| UTILITIES |
Cable Available, Natural Gas Available, Cable Connected, Electricity Connected, Phone Connected, Underground Utilities |
| WATER |
Public |
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Listed with BnBCabins Inc
Date last updated: 7/26/26 7:25 AM PDT
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