1028 Karendale Avenue

Charlotte, NC 28208

$425,000
Price
7
Beds
2
Baths
1
1/2 Bath
2,592 Sq. Ft.
$164 / Sq. Ft.
2,592
Sq. Ft.
$164
per Sq. Ft.

Description

Amazing opportunity for a long term investor! Cap rate @ 9%. Monthly rental at 1% Established month to month renters totaling $4275 per month (as of Nov. 1). Unique property with a true apartment downstairs. New roof in 2018, new HVAC in 2018, total renovation of apt B in Dec 2020, entire plumbing reconstruction in 2021. No electrical, foundation, or any other major issues. Cross listed as a SFR with 2nd living Qtrs. Mls 4174304.Amazing opportunity for a long term investor! Cap rate @ 9%. Monthly rental at 1% Established month to month renters totaling $4275 per month (as of Nov. 1). Unique property with a true apartment downstairs. New roof in 2018, new HVAC in 2018, total renovation of apt B in Dec 2020, entire plumbing reconstruction in 2021. No electrical, foundation, or any other major issues. Cross listed as a SFR with 2nd living Qtrs. Mls 4174304.

Property Details for 1028 Karendale Avenue

Parking Features
Driveway
Subdivision Name
Enderly Park
LISTING UPDATED: 12/16/2024 01:01 PM

Property Details for 1028 Karendale Avenue

StatusActive
MLS #4181680
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1938
Lot Size0.14 AC / 6,098 SF
CountyMecklenburg County

Building Information for 1028 Karendale Avenue

Stories-Residences-Year Built1938Building Size-Lot Size0.14 AC / 6,098 SF

Property Information for 1028 Karendale Avenue

Summary
Location and General Information
  • Longitude: -80.882756
  • Zoning: R22MF
  • Latitude: 35.245931
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $162,600.00
  • Parcel Number: 065-083-08
  • City Taxes Paid To: Charlotte
School Information
  • Middle Or Junior School: Unspecified
  • High School: Harding University
  • Elementary School: Westerly Hills
Parking
  • Parking: Open Spaces: 4.0
  • Parking: Open Parking YN: Yes
  • Parking: Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 1296.0
  • Below Grade Finished Area: 1296.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 25
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full
  • Road Surface Type: Gravel, Paved
  • Roof: Shingle
Interior Features
  • Appliances: Electric Cooktop, Refrigerator
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Basement
  • Fireplace YN: No
  • Flooring: Carpet, Vinyl
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Apartment, Finished, Walk-Out Access
Multi Family
Multi-Family Information
  • Unit Type: 4 Bedroom Or More, 3 Bedroom
  • Unit Room Type: Kitchen, Living Room, Dining Area, Bedroom(s), Bathroom(s)
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Trash Collection
  • Pets Allowed: No

Property History for 1028 Karendale Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1028 Karendale Avenue

Taxable ValueLand$90,000Additions$72,600Total$162,600
Tax Record2023$1,193 ($99 / month)
Home Facts
Baths2Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtStories1Lot Size6,294 SqFtStyleMulti-Family Dwelling (2-4)Year Built1938ZoningR-22MFCountyMECKLENBURGAPN06508308Fireplace TypeHas Fireplace

Schools near 1028 Karendale Avenue

This home is within Charlotte-Mecklenburg School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Westerly Hills Academy
PublicPK to 5

Wilson STEM Academy
Public6 to 8

Harding University High
Public9 to 12

Phillip O Berry Academy Of Tec
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1028 Karendale Avenue is a multi-family home for sale in Charlotte, NC 28208. This property was listed for sale on September 10, 2024 by Better Real Estate Carolina, it's currently listed at $425,000. It has been on the market for a total of 83 days and was last sold on December 22, 2011. This listing's school district is Charlotte-Mecklenburg School District. Nearby schools include Westerly Hills Academy, Wilson STEM Academy and Harding University High. 1028 Karendale Avenue is a 7-bed, 2.5-bath, 2,592 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Better Real Estate Carolina

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