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1624 Arlyn CIR #C Charlotte, NC 28213
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Key Details
Sold Price $40,000
Property Type Condo
Sub Type Condo/Townhouse
Listing Status Sold
Purchase Type For Sale
Square Footage 965 sqft
Price per Sqft $41
MLS Listing ID 2039444
Sold Date 04/02/12
Style Transitional
Bedrooms 3
Full Baths 2
HOA Fees $125/mo
HOA Y/N 1
Year Built 1989
Property Sub-Type Condo/Townhouse
Property Description
Three bedroom student condo in good shape. Tenant occupied with $650 lease in place until 8/2012. Tenant pays electrical bill and water over $20/mo. Income potential $6240 per year (taken 20 % reserve for vacancy and maintenance) Expenses mtg $180(80% LTV and 5% interest) HOA $125 taxes water $20 Tax $59 for a total of $4604 per year. Positive cashflow $1636 or 18% ROI
Location
State NC
County Mecklenburg
Building/Complex Name Colville II
Interior
Heating Central
Fireplace false
Appliance Dishwasher, Disposal, CO Detector
Laundry Closet, Main Level
Building
Building Description Wood Siding,Vinyl Siding, Mid-Rise
Sewer Public Sewer
Water Public
Architectural Style Transitional
Structure Type Wood Siding,Vinyl Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
HOA Name Larry Cullingham 1926 D Arlyn Circle Charlotte NC
Acceptable Financing Other, Cash, Conventional
Listing Terms Other, Cash, Conventional
Special Listing Condition None
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Bought with Gitanjali Mathur • Allen Tate Lake Norman
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