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Sold for $75,000
Sold for $75,000
3403 Reid Ave Charlotte, NC 28208
$75,000
CLOSEDBeds
4
Baths
Sqft
1,404
Acres
0.51
Year
1930
Close Date
Oct 14, 2014
Property Type
Residential Income
Sub Type
Duplex
Per Square Foot
$53
Date Listed
Jul 6, 2014
Description of 3403 Reid Ave, Charlotte, NC 28208
Listing details for 3403 Reid Ave, Charlotte, NC 28208 : 3 BR 1BA house and 2 duplexes (2BR 1BA each) with the MLS listing numbers 3019715, 3019719, & 3019741 that are being sold as a package deal. Renovated around 2010 and due to bad management they got vandalized. Currently they need around $40K in repairs. Unit 3403-B is rented $450. All other units are boarded, in need of repairs. Potential Rent of $495 x4=$1,980 for the Duplexes and $695 for the house=$2,675x12=$32,100/$80K Purchase Price and $40K in repairs=$120,000 investment at 26.75%(ROI)
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Listing Updated : 04-15-2026 at 12:36 PM EDT
Property Details
Property Overview
Listing Price
$80,000
MLS #ID
CAR3019719
Close Price
$75,000
Close Date
Oct 14, 2014
Bedrooms
4
Bathrooms
Square Footage
1,404
Acres
0.51
Year
1930
Days on Site
191 Days
Property Type
Residential Income
Property Sub Type
Duplex
Price per Sq Ft
$53
Date Listed
Jul 6, 2014
Location
Street Address
3403 Reid Ave
City
State
North Carolina
ZIP Code
County
Neighborhood / Subdivision
Schools
Home Specification
Bedrooms
4
Bathrooms
2 Full
Total Square Feet
1,404
Construction / Architecture
Year Built
1930
Style
Other
Construction Materials
Brick Full
Foundation
Crawl Space
New Construction
No
Price per Sq Ft
$53
Lot Size (Acres)
0.51
Lot Dimensions
98x166x250x36x117x25
Interior Details
Appliances
Electric Water Heater
Flooring
Tile
Fireplace
No
Heating
Central
Cooling
None
Exterior Details
Garage
No
Parking Features
Driveway
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
CTL Properties LLC
Properties displayed may be listed or sold by various participants in the MLS
Source
Canopy MLS as distributed by MLS GRID, MLS#: CAR3019719
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Property History
DateEventPrice
10/14/2014
Sold
$75,000 -16.7%
$53/sqft
Source:
Canopy MLS #CAR3019719
Canopy MLS #CAR3019719 7/6/2014
Listed for sale
$90,000
$64/sqft
Source:Canopy MLS #CAR3019719
Canopy MLS #CAR3019719Location of 3403 Reid Ave, Charlotte, NC 28208
Streetview of 3403 Reid Ave, Charlotte, NC 28208
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