4240 The Plaza Road is a $3,500,000, 15,628 square foot, 24 bedroom home on a 1.47 acre lot located in Charlotte, NC.
24-unit apartment building located just a half mile from NoDa and from the Sugar Creek light rail station. Easy access to Uptown or University area. Ripe to redevelop or update and improve current units. Corner lot at the corner of The Plaza and Blackwood Avenue. Single Family homes in this immediate neighborhood area selling between $140,000 - $200,000 and just across Sugar Creek climbing up to $300,000 or a bit more. Area on the move. Current rents below market - most units are $500/month, one unit $600/month
|Above Grade Sqft||15,628|
Subject to Lease
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