$620,000
$675,000
8.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2 Baths
1,575 SqFt
SOLD DATE : 02/01/2021
Key Details
Sold Price $620,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,575 sqft
Price per Sqft $393
Subdivision Midwood
MLS Listing ID 3645249
Sold Date 02/01/21
Style Bungalow
Bedrooms 2
Full Baths 2
HOA Fees $2/ann
HOA Y/N 1
Year Built 1924
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 50 x 150
Property Sub-Type Single Family Residence
Property Description
Revenue generating Airbnb making this historic home like a goose laying golden eggs. The garage apartment generates approximately $35k/year in revenue. The total square feet of living space for the house and apartment is 2,175 making the price $320 per sq ft.
The attic in the main house is large enough to be converted into additional living space. Under the garage apartment we planned to add spray foam insulation, new windows, side door to make it an art studio.
The house could be rented as an Airbnb also. The owners will only remove artwork and antiques, but all other furniture, appliances, kitchen supplies, TV's, linens etc. could remain. This is a “Turn Key” property. Live in this well maintained historic house and continue to rent the garage apartment to pay the mortgage. Check out both listings on Airbnb.... sweet-plazamidwood-garage-apartment....and charlotte-plazamidwood-cool-bungalow
Don't miss this rare opportunity...
Location
State NC
County Mecklenburg
Rooms
Guest Accommodations Exterior Not Connected,Guest House,Room w/ Private Bath,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities,Upper Level Garage
Interior
Interior Features Attic Stairs Pulldown, Attic Walk In, Cable Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Heating Central, Gas Hot Air Furnace
Flooring Tile, Wood
Fireplaces Type Living Room
Fireplace true
Appliance Ceiling Fan(s), CO Detector, Convection Oven, Gas Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Exhaust Hood, Microwave
Laundry Main Level
Exterior
Exterior Feature Fence
Community Features Street Lights
Roof Type Shingle
Street Surface Gravel
Building
Lot Description Level
Building Description Wood Siding, 1 Story Basement
Foundation Basement, Block, Crawl Space
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Structure Type Wood Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Diane Hofert • Allen Tate University
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "