1405 Catherine Simmons Ave | Charlotte, NC 28216
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
1405 Catherine Simmons Ave
Charlotte, NC 28216
Cummings Avenue Apartments · Residential Property For Sale · 55 Units
Investment Highlights
- 12 Income-Producing Apartments on 1.329 acres very close to Uptown Charlotte just off I-77, exit 12.
- Currently 100% occupied with 9 of 12 units having been updated within the last 12 months.
- Washer/Dryer hookups. Central Heat & Air Conditioning.
- Located in an Opportunity Zone.
- All gas, electric & water utilities are separately metered and paid by each resident.
- A prime location to buy and hold, hedge cash against inflation, or position for possible development near Uptown Charlotte.
PROPERTY FACTS
| No. Units | 55 | Building Size | 9,699 SF |
| Property Type | Residential | Average Occupancy | 100% |
| Property Subtype | Apartment | Number of Floors | 1 |
| Apartment Style | Low Rise | Year Built/Renovated | 1961/2022 |
| Building Class | C | Parking Ratio | 1.51/1,000 SF |
| Lot Size | 1.33 AC |
| No. Units | 55 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 1.33 AC |
| Building Size | 9,699 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built/Renovated | 1961/2022 |
| Parking Ratio | 1.51/1,000 SF |
Unit Amenities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 2+1 | 55 | £1,048 | 900 |
PROPERTY TAXES
| Parcel Number | 075-044-28 | Improvements Assessment | £462,834 |
| Land Assessment | £250,271 | Total Assessment | £713,104 |
PROPERTY TAXES
Parcel Number
075-044-28
Land Assessment
£250,271
Improvements Assessment
£462,834
Total Assessment
£713,104
zoning
| Zoning Code | R22MF |
| R22MF |
1 of 1
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
