Gary Myerscough
BEDS4
BATHS4 full
SQUARE FEET1,185
MLS#4316093
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONUniversity Terrace North
Property Description
CASH-FLOW READY: Fully Leased 4-Bedroom/4-Bathroom Investment Opportunity! Secure an immediate, high-yield asset in the University Terrace North community, located within walking distance to the UNCC campus and the LYNX Light Rail.Financial & Property Highlights:Proven Income: Fully occupied with a total monthly rent of $2,400 ($600 per room). Tenants have a strong history of on-time payments and have meticulously maintained the property.Ideal Co-Living Layout: The highly functional floor plan features 4 private bedrooms, each with its own en-suite full bathroom and walk-in closet?the gold standard for student and professional co-living.Low-Maintenance Upgrades: Durable LVP flooring throughout the living areas and bedrooms, plus a spacious in-unit laundry room.Turnkey Value: Refrigerator, washer, and dryer are all included in the sale.Investor Friendly: NO RENTAL CAP in the community. The HOA covers exterior maintenance, trash, security, and 4 dedicated parking passes.With its unbeatable location near major highways (I-85/I-485) and consistent high tenant demand, this property is a powerful addition to any portfolio. Schedule your showing today and start collecting rent on day one!
Property Features
Property Type: Residential - Condominium
Heating: Central
Year Built: 1997
Feature Descriptions
Appliances: Electric Range, Microwave, Refrigerator, Washer/Dryer
Days on Site: 169
Exterior: Vinyl
Foundation: Slab
HOA Fee: $265/ Monthly
Laundry: In Unit, Laundry Room
Parcel#: 051-335-50
Parking: Parking Lot
Sewer: Public Sewer
Water: City
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: Keller Williams Ballantyne Area
Agency Contact: diegoguevara@kw.com
Shown By
Agent Name: Gary Myerscough
Agent Phone: (704) 526-8611
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 1,852.09 per month $1,755.87 Principal & Interest $0.00 Property Tax (data not provided by mls) $96.22 Homeowner's InsuranceChange Payment Information
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10005 Graduate Lane, Unit K | MLS# 4316093
This condo located at 10005 Graduate Lane, Unit K, Charlotte, NC 28262 is currently listed for sale with an asking price of $329,900. This property was built in 1997 and has 4 bedrooms and 4 full baths with 1185 sq. ft. Graduate Lane, Unit K is located in the University Terrace North subdivision. Search University Terrace North real estate on garym.lakenormanrealty.com today.