320 Harrison Street

Charlotte, NC 28208

About this property

INVESTOR OPPORTUNITY! 320 & 322 Harrison St. is a 2-UNIT INCOME-PRODUCING DUPLEX *see also MLS# 4429100* positioned in an area benefiting from Charlotte's continued urban expansion and redevelopment. BOTH UNITS HAVE JUST BEEN COSMETICALLY TURNED OVER!! Each unit offers approximately 900 SF with 2 BEDS + 1 BATH, for a combined 1,800 SF / 4 BEDROOM / 2 BATH configuration. Current combined rental income was apx. $2,600/MONTH ($31,200/YEAR GROSS), giving an investor immediate income while retaining the potential to increase value through future rent growth, improvements, or redevelopment. Each unit has convenient independent street access, with frontage/access from Harrison St. in front and Ramona St. in the rear, adding functionality and flexibility that is increasingly attractive in an evolving urban market. The bigger investment story is the LOCATION + LAND + INCOME combination. Positioned near the expanding influence of Center City Charlotte, this property offers investors the opportunity to own an income-producing asset in an area where surrounding neighborhoods are experiencing ongoing reinvestment, redevelopment, and changing demand. As Charlotte continues to grow outward from the urban core, properties in established neighborhoods within the path of that growth can offer potential long-term upside beyond their current rental performance. HOLD IT. IMPROVE IT. REPOSITION IT. The existing duplex provides two revenue streams, while the underlying real estate offers additional possibilities as the surrounding market evolves. Investors can pursue a traditional long-term rental strategy, explore value-add improvements, or evaluate future redevelopment potential based on zoning, market conditions, and applicable regulations. This is not simply a rental property-it is an opportunity to acquire CURRENT CASH FLOW WITH LONG-TERM REAL ESTATE UPSIDE in a location worth watching. apx. $2,600/MONTH GROSS INCOME | $31,200/YEAR GROSS | 2 UNITS | 1,800 SF TOTAL | 4 BEDROOMS | 2 BATHROOMS | HARRISON ST. + RAMONA ST. ACCESS. For investors looking for an entry point into an area adjacent to Charlotte's expanding urban footprint, 320 & 322 Harrison St. deserves serious consideration. CASH FLOW TODAY. LOCATION FOR TOMORROW.

About this property

INVESTOR OPPORTUNITY! 320 & 322 Harrison St. is a 2-UNIT INCOME-PRODUCING DUPLEX *see also MLS# 4429100* positioned in an area benefiting from Charlotte's continued urban expansion and redevelopment. BOTH UNITS HAVE JUST BEEN COSMETICALLY TURNED OVER!! Each unit offers approximately 900 SF with 2 BEDS + 1 BATH, for a combined 1,800 SF / 4 BEDROOM / 2 BATH configuration. Current combined rental income was apx. $2,600/MONTH ($31,200/YEAR GROSS), giving an investor immediate income while retaining the potential to increase value through future rent growth, improvements, or redevelopment. Each unit has convenient independent street access, with frontage/access from Harrison St. in front and Ramona St. in the rear, adding functionality and flexibility that is increasingly attractive in an evolving urban market. The bigger investment story is the LOCATION + LAND + INCOME combination. Positioned near the expanding influence of Center City Charlotte, this property offers investors the opportunity to own an income-producing asset in an area where surrounding neighborhoods are experiencing ongoing reinvestment, redevelopment, and changing demand. As Charlotte continues to grow outward from the urban core, properties in established neighborhoods within the path of that growth can offer potential long-term upside beyond their current rental performance. HOLD IT. IMPROVE IT. REPOSITION IT. The existing duplex provides two revenue streams, while the underlying real estate offers additional possibilities as the surrounding market evolves. Investors can pursue a traditional long-term rental strategy, explore value-add improvements, or evaluate future redevelopment potential based on zoning, market conditions, and applicable regulations. This is not simply a rental property-it is an opportunity to acquire CURRENT CASH FLOW WITH LONG-TERM REAL ESTATE UPSIDE in a location worth watching. apx. $2,600/MONTH GROSS INCOME | $31,200/YEAR GROSS | 2 UNITS | 1,800 SF TOTAL | 4 BEDROOMS | 2 BATHROOMS | HARRISON ST. + RAMONA ST. ACCESS. For investors looking for an entry point into an area adjacent to Charlotte's expanding urban footprint, 320 & 322 Harrison St. deserves serious consideration. CASH FLOW TODAY. LOCATION FOR TOMORROW.

Features and Additional Information

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$359,000 Active
4 Bed(s)
2
Baths
899 sqft

Presented By Michelle Rabon

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1221 Real Estate LLC
1-704-575-4320
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Area Information

Mecklenburg | Mecklenburg County | Lakeview

$ 359,000
This listing is play_arrow 33.5% higher than the average in the area
$ 269,000 in the area
899 SqFt
This listing is play_arrow 6.5% smaller than the average in the area
962 SqFt in the area
$ 399 $/SqFt
This listing is play_arrow 42.8% more than the average in the area
$ 280 $/SqFt in the area
48 days on site
This listing is play_arrow 44.8% below the average in the area
87 days on site in the area

Schools in the Area

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Listed By Matt Lunsford
Brokerage: 1221 Real Estate LLC

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