3905 Bearwood Ave Charlotte, NC 28205

Listing details for 3905 Bearwood Ave, Charlotte, NC 28205 : A+ location. 200ft from Sugar Creek Light Rail Station where over $200M of development is in-process at Station House and 5-min walk to downtown NoDa! Great opportunity w/lots of upside for a homeowner, investor, rehabber or builder! Property in great condition and recently was leased for $1,400/mo. Property is now vacant and ready for move-in. Property would also make a great Airbnb given the proximity to the Sugar Creek Light Rail Station. Based on ownership’s experience leasing via Airbnb on Bearwood Ave, an average rental rate of $120/nt at 70% occupancy ($2,520/mo) + cleaning fees ($60/clean) is projected. Since purchasing, ownership has improved the electrical, plumbing, all new flooring, lighting, kitchen updates, bath updates and landscaping throughout. No known issues. Selling As-Is. Please see attachments for information on how/where the property can be considerably expanded