1319 Cathey Road, Charlotte, NC 28214
- $350,000
- 3
- BD
- 2
- BA
- 2,810
- SqFt
Listing courtesy of Francis Real Estate Group, Inc. Zach@FrancisTeam.com
- List Price
- $350,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 115
- Price Change
- ▼ $49,900 1780965422
- MLS#
- 4366814
- Year Built
- 1958
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 2,810
- Lot Size
- 32,670
- Acres
- 0.75
- Subdivision
- Coulwood
- Neighborhood
- Coulwood
Property Description
INVESTOR OPPORTUNITY WITH MAJOR UPSIDE! This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE into a 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door. The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender
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Additional Information
- Appliances
- Dishwasher, Gas Cooktop
- Heating
- Central, Ductless
- Air Conditioning
- Central Air, Ductless
- Exterior Construction
- Site Built
- Levels
- One
- Roof
- Architectural Shingle
- Foundation
- Crawl Space
- Parking
- Attached Garage, Garage Shop
- Garage Spaces
- 4
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
Mortgage Calculator
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