4809 Malibu Drive

Charlotte, NC 28215

About this property

INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room. A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside. 4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch-a top amenity. Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!

About this property

INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room. A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside. 4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch-a top amenity. Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!

Features and Additional Information

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$385,000 Active
1,633 sqft

Presented By Michelle Rabon

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Brokerage
Lifestyle International Realty
1-704-340-3822
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Area Information

Mecklenburg | Mecklenburg County | Lake Plaza

$ 385,000
This listing is play_arrow 0.0% lower than the average in the area
$ 385,000 in the area
1,633 SqFt
This listing is play_arrow 16.3% smaller than the average in the area
1,950 SqFt in the area
$ 236 $/SqFt
This listing is play_arrow 19.4% more than the average in the area
$ 197 $/SqFt in the area
186 days on site
This listing is play_arrow 447.1% above the average in the area
34 days on site in the area

Schools in the Area

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Listed By Andrea Jones
Brokerage: Lifestyle International Realty

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