320 Harrison Street
Charlotte, NC 28208
$399,000
- TypeSingle Family
- Built1955
- $ / sq ft$444
- On site0 days on site
ZGBT Home Insights
Listed by: Matt Lunsford · 1221 Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID · MLS#: CAR4429337
Quick facts
- Property type
- Single Family Residence
- Year built
- 1955
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- City
- Sewer
- Public Sewer
- Parking
- Basement
- Lot size
- 0.17 acres
About this home
INVESTOR OPPORTUNITY! *See also MLS# 4429100* (RINC Listing)*Multi Family! DUPLEX, 320 & 322 Harrison St. is a 2-UNIT INCOME-PRODUCING DUPLEX positioned in an area benefiting from Charlotte’s continued urban expansion and redevelopment. Each unit offers approximately 900 SF with 2 BEDS + 1 BATH, for a combined 1,800 SF / 4 BEDROOM / 2 BATH configuration. Current combined rental income was apx. $2,600/MONTH ($31,200/YEAR GROSS), giving an investor immediate income while retaining the potential to increase value through future rent growth, improvements, or redevelopment. Each unit has convenient independent street access, with frontage/access from Harrison St. in front and Ramona St. in the rear, adding functionality and flexibility that is increasingly attractive in an evolving urban market. The bigger investment story is the LOCATION + LAND + INCOME combination. Positioned near the expanding influence of Center City Charlotte, this property offers investors the opportunity to own an income-producing asset in an area where surrounding neighborhoods are experiencing ongoing reinvestment, redevelopment, and changing demand. As Charlotte continues to grow outward from the urban core, properties in established neighborhoods within the path of that growth can offer potential long-term upside beyond their current rental performance. HOLD IT. IMPROVE IT. REPOSITION IT. The existing duplex provides two revenue streams today, while the underlying real estate offers additional possibilities as the surrounding market evolves. Investors can pursue a traditional long-term rental strategy, explore value-add improvements, or evaluate future redevelopment potential based on zoning, market conditions, and applicable regulations. This is not simply a rental property—it is an opportunity to acquire CURRENT CASH FLOW WITH LONG-TERM REAL ESTATE UPSIDE in a location worth watching. apx. $2,600/MONTH GROSS INCOME | $31,200/YEAR GROSS | 2 UNITS | 1,800 SF TOTAL | 4 BEDROOMS | 2 BATHROOMS | HARRISON ST. + RAMONA ST. ACCESS. For investors looking for an entry point into an area adjacent to Charlotte’s expanding urban footprint, 320 & 322 Harrison St. deserves serious consideration. CASH FLOW TODAY. LOCATION FOR TOMORROW.
Facts & features
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Home Details
- Year Built
- 1955
- Lot Size
- 0.17 acres
- Garage Spaces
- 0
- Parking
- Basement
- Levels
- One
- Subdivision
- Lakeview
- Property Subtype
- Single Family Residence
Interior
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Electric Oven
- Electric Water Heater
Exterior & Construction
- Construction Materials
- Vinyl
- Water Source
- City
- Sewer
- Public Sewer
HOA & Taxes
- Tax Assessed Value
- $152,000
Price history
| Date | Event | Price |
|---|---|---|
| Listed | $399,000 |
Location
320 Harrison Street, Charlotte, NC 28208
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