Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner.
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Listing Snapshot
Price
$2,650,000
Days On Site
3 Days
Bedrooms
20
Inside Area (SqFt)
12,524 sqft
Total Baths
20
Full Baths
20
Partial Baths
N/A
Lot Size
1.23 Acres
Year Built
1962
MLS® Number
4361715
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
4 days ago
Listing first seen on site
4 days ago
Listing updated with changes from the MLS®
General Features
Parking
Parking Lot
Pets
No
Security
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer
Public Sewer
SqFt Above
12524
SqFt Total
12524
Utilities
Natural Gas AvailableCable AvailableElectricity Connected
Zoning
N2-B
Interior Features
Appliances
Electric OvenElectric RangeElectric Water HeaterRefrigerator
Basement
Crawl Space
Cooling
Ceiling Fan(s)Wall Unit(s)
Flooring
TileVinylWood
Heating
ElectricNatural GasSeparate MetersWall Furnace
Interior
Open FloorplanPantry
Laundry Features
None
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Exterior Features
Construction Details
Brick
Lot Features
Corner LotLevelPaved
Roof
Shingle
Windows/Doors
Storm Door(s)
Community Features
Community Features
SidewalksStreet Lights
Financing Terms Available
CashConventional
Roads
AsphaltPaved
Schools
School District
Unknown
Elementary School
Idlewild
Middle School
Eastway
High School
Garinger
Listing courtesy of BnBCabins Inc wataugarealtor@gmail.com(828) 773-5493
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Last checked - 2026-04-08 03:40 AM UTC
Neighborhood & Commute
Source: Walkscore
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