Closed

$425,000

3208 Riley Ave, Charlotte, NC 28269

3beds

17,000sqft

Multi Family

Built in 2024

-- sqft lot

$1,751,900 Zestimate^®

$25/sqft

$2,127 Estimated rent

Home value

$1,751,900

$1.35M - $2.24M

$2,127/mo

Zestimate^® history

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Owner options

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$2,127/mo

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$2,127/mo

Rent Zestimate^®

Refinance and save

$2,464/mo

Est. payment

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$2,464/mo

Est. payment

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What's special

Approved 9 unit townhome project for you to develop and build. Site has new city sewer extension paid for by seller, construction plans have been reviewed by the City of Charlotte and ready for permitting. Great location in proximity to downtown and I-85 and excellent site with very little topo. Rare find that is shovel ready multifamily site. In final reviews for approval. Please note this is not a developed property it is a development opportunity and the sf, beds, baths etc reflect the approved plans that could be built.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 27
1/2 bathrooms: 9

Heating

Other

Cooling

Other

Appliances

Included: Other
Laundry: Other

Features

Has basement: No

Interior area

Total structure area: 17,000
Total interior livable area: 17,000 sqft
Finished area above ground: 17,000
Finished area below ground: 0

Property

Parking

Parking features: Other - See Remarks, Garage on Main Level
Has garage: Yes

Features

Stories: 4

Lot

Size: 0.47 Acres
Dimensions: 100 x 233
Features: Cleared

Details

Parcel number: 04104207
Zoning: O2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other
Foundation: Other - See Remarks

Condition

New construction: Yes
Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & neighborhood

Location

Region: Charlotte
Subdivision: Wilson Heights

Other

Other facts

Listing terms: Cash,Conventional,Exchange
Road surface type: Other

Price history

Date	Event	Price
2/9/2024	Sold	$425,000-14.8%$25/sqft
Source: Canopy MLS as distributed by MLS GRID #4088348 Report a problem
11/16/2023	Listed for sale	$499,000-5%$29/sqft
Source: Canopy MLS as distributed by MLS GRID #4088348 Report a problem
10/31/2023	Listing removed	--
Source: Canopy MLS as distributed by MLS GRID #4072476 Report a problem
9/26/2023	Listed for sale	$525,000+5.2%$31/sqft
Source: Canopy MLS as distributed by MLS GRID #4072476 Report a problem
5/1/2023	Listing removed	--
Source: Canopy MLS as distributed by MLS GRID #CAR3937454 Report a problem