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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1319 Cathey Rd , Charlotte, NC 28214
$350,000
Est. Payment: $1,803.62/mo
3 Bed
2 Bath
2810 Sqft
Status: active with contingency | Days on site: 73
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

INVESTOR OPPORTUNITY WITH MAJOR UPSIDE! This expansive 2,800 sq ft ranch + SHOP offers incredible potential for the savvy investor, builder, or renovator. Featuring 3 bedrooms, 2 bathrooms, and a spacious bonus/entertainment room, the layout provides a strong foundation for a high-value transformation, the house could EASILY BE MADE into a 4 Bedroom (its practically setup as a 4 bedroom but just needs a small wall and a door. The property includes an attached 1-car garage plus a large, detached shop with driveway—perfect for car enthusiasts, woodworkers, or those operating a home-based business. Ideally located directly across from Paw Creek Elementary, and just minutes to I-485, Charlotte Douglas International Airport, and Uptown Charlotte, this property offers both convenience and long-term value. Optional access to the Coulwood community pool adds additional appeal. Zoned N1-A (buyer to verify with the City of Charlotte), this parcel presents excellent redevelopment potential, with the possibility for multiple homes, duplexes, or triplexes. Important Notes: Property does have significant termite damage affecting the front two bedrooms and living room (including floor joists, subflooring, and portions of the sill plate). Sold AS-IS, with pricing reflective of condition. ARV could be over $600k. CASH, FHA 203k Renovation Loan, or Hard Money Lender

Highlights

Listed by Zach Francis , 704-942-6387 Francis Real Estate Group, Inc , 704-942-6387. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.75

Year Built

1958

County

Mecklenburg

Neighborhood

Coulwood

Listing ID

4366814

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Gas Cooktop
Air Cond:Central Air,Ductless
Fireplaces:Great Room,Living Room
Floor:Tile,Wood
Above Ground Sq Ft:2810
Below Ground Sq Ft:0
Other:Has Fireplace,Master on Main
Other:City

Exterior Features

Lot:Level
Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Attached Garage,Garage Shop
Principal Interest
$1,804
Taxes
$223

Home Price

$350,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$70,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,803.62

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,803.62 $223.13 $0.00 $2,026.75
Yearly $21,643.46 $2,677.50 $0.00 $24,320.96
Total $649,303.94 $80,325.00 $0.00 $729,628.94

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Charlotte, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Dream Team United | Keller Williams Connected | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-02T04:00:06.000Z

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