$4,800,000

1121 Polk Street Charlotte, North Carolina 28206

  • 98   Bedrooms
  • 44 Full - 4 Half Bathrooms
  • 1,436 SQ FT
1121 Polk Street

This listing is updated to include 37 Rental Properties. Current monthly expected gross income $30,413. Expected Yearly Gross Rental Income is $364,956. Projected net income is $255,469. This is a well seasoned Residential Rental Portfolio. Low turn over, low vacancy, high occupancy. Ideal for buyers targeting cap rates of 5%-6%. All of the properties are in established neighborhoods with high demand. Property locations include areas near Uptown's NC Music Factory area, Biddleville, JC Smith University area, I-77, I-277 & Ballantyne area. Rates range from $500 to $1675 per month. Tenants pay utilities. Qualified investors with cash, cash equivalent, 50%-60% leveraged transactions welcome! Do not disturb residents. This listing does not include all the necessary information required to analyze this portfolio. The listing template is limited to a single site multi family property. However, this listing includes multiple properties and multiple locations. Contact a Realtor for details

Schools for 1121 Polk Street

  • Elementary
    Byers
  • Junior
    Walter G Byers
  • High
    West Charlotte
  • Location information for 1121 Polk Street

  • Subdivision
    Greenville
  • Zip Code
    28206
  • City
    Charlotte
  • County
    Mecklenburg
  • Property data for 1121 Polk Street

  • Status
    Under Contract - No Show
  • MLS #
    3396110
  • Type
    Multi-Family
  • Additional Information for 1121 Polk Street

    Other Homes For Sale Near 1121 Polk Street

    Listing Provided Courtesy Of: DPW Realty Group Inc

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    Data Last updated on September 17, 2019 4:38pm

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