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Sold for $187,500
Sold for $187,500
3401 Reid Ave Charlotte, NC 28208
$187,500
CLOSEDBeds
11
Baths
Sqft
3,608
Acres
0.51
Year
1930
Close Date
Jul 31, 2015
Property Type
Residential Income
Sub Type
Other
Per Square Foot
$52
Date Listed
Mar 17, 2015
Description of 3401 Reid Ave, Charlotte, NC 28208
Listing details for 3401 Reid Ave, Charlotte, NC 28208 : 3BR 1BA House and 2 Duplexes (2BR 1BA) total of 5 units that are being sold as a package deal on the same parcel #. Addresses 3401, 3403 A&B, and 3405 A&B Reid. Total rental income $3130 with an ROI of 16.40% and a CAP RATE of 13.22% ($7281.69 yearly expenses) All units have been renovated. New roofs, Cabinets, flooring, windows, doors, bathrooms and appliances. New Asphalt parking lot, new porches, fresh paint, refinished hardwoods and carpet in one room. All units Central Heat/Air.
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Listing Updated : 04-15-2026 at 12:36 PM EDT
Property Details
Property Overview
Listing Price
$229,000
MLS #ID
CAR3070468
Close Price
$187,500
Close Date
Jul 31, 2015
Bedrooms
11
Bathrooms
Square Footage
3,608
Acres
0.51
Year
1930
Days on Site
208 Days
Property Type
Residential Income
Property Sub Type
Other
Price per Sq Ft
$52
Date Listed
Mar 17, 2015
Location
Street Address
3401 Reid Ave
City
State
North Carolina
ZIP Code
County
Neighborhood / Subdivision
Schools
Home Specification
Bedrooms
11
Bathrooms
5 Full
Total Square Feet
3,608
Construction / Architecture
Year Built
1930
Style
Other
Construction Materials
Brick Full
Foundation
Crawl Space
New Construction
No
Price per Sq Ft
$52
Lot Size (Acres)
0.51
Lot Dimensions
98x166x250x36x117x25
Interior Details
Interior Features
Attic Other
Appliances
Electric Water Heater, Exhaust Hood and Refrigerator
Flooring
Carpet, Wood and Other - See Remarks
Fireplace
No
Heating
Central
Cooling
None
Exterior Details
Garage
No
Parking Features
Parking Lot
Patio & Porch Features
Other - See Remarks
Fencing
None
Water Source
City
Sewer
Public Sewer
Taxes, HOA & Financing
HOA Fee Includes
None
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Listing Provided By
MW Properties Realty Group LLC
Properties displayed may be listed or sold by various participants in the MLS
Source
Canopy MLS as distributed by MLS GRID, MLS#: CAR3070468
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Property History
DateEventPrice
7/31/2015
Sold
$187,500 -18.1%
$52/sqft
Source:
Canopy MLS #CAR3070468
Canopy MLS #CAR3070468 3/17/2015
Listed for sale
$229,000 +205.3%
$63/sqft
Source:Canopy MLS #CAR3070468
Canopy MLS #CAR3070468 10/14/2014
Sold
$75,000 -16.7%
$21/sqft
Source:Canopy MLS #CAR3019715
Canopy MLS #CAR3019715 7/6/2014
Listed for sale
$90,000
$25/sqft
Source:Canopy MLS #CAR3019715
Canopy MLS #CAR3019715Location of 3401 Reid Ave, Charlotte, NC 28208
Streetview of 3401 Reid Ave, Charlotte, NC 28208
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