1319 Cathey Road, Charlotte, NC 28214

$350,000
3
BD
2
BA
2,810
SqFt

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Listing courtesy of Francis Real Estate Group, Inc. Zach@FrancisTeam.com

List Price
$350,000
Price Change
▼ $49,900 1780965422
Status
ACTIVE UNDER CONTRACT
MLS#
4366814
Bedrooms
3
Bathrooms
2
Full-baths
2
Living Area
2,810
Lot Size
32,670
Subdivision
Coulwood
Neighborhood
Coulwood
Year Built
1958
Acres
0.75

Property Description

INVESTOR OPPORTUNITY WITH MAJOR UPSIDE! This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE into a 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door. The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender

Additional Information

Foundation
Crawl Space
Exterior Finish
Brick Full, Cedar Shake, Stone
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Parking
Attached Garage, Garage Shop
Special Conditions
None
Garage Spaces
4
Lot Description
Level
Water
City
Construction
Site Built
Fireplace
Yes
Roof
Architectural Shingle
Heating
Central, Ductless

Mortgage Calculator

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Calculator source: Real Geeks

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