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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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4809 Malibu Dr , Charlotte, NC 28215
$394,990
Est. Payment: $877.76/mo
4 Bed
2 Bath
1633.83 Sqft
Status: Active | Days on site: 88
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R03552 - 20197
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House Description

INVESTOR ALERT! AS-IS - Seller To Make No Repairs - Secure this income-producing property with two distinct addresses, 4809 & 4811 Malibu Dr, in a prime Charlotte location. Priced for immediate action, each unit offers a practical and spacious layout featuring 2 bedrooms, 1 full bath, an eat-in kitchen, and a comfortable family room. A convenient driveway leads right to each front door, and the laundry area is located in the storage room on the back deck. Recent updates and improvements include cleaned vents, replaced filters, updated light fixtures in the kitchen and hallway, cleaned utility closet, fresh interior paint, painted exterior trim, painted front and back doors, pressure-washed building, porches, walkways and driveways where accessible, new blinds in select areas, and repaired exterior window trim at the front bedroom window. Located in the rapidly growing 28215 zip code, this property is a smart buy with both instant income and future upside. 4809 is currently tenant-occupied, providing cash flow from day one. Photos were taken of 4811, which is currently vacant. Both units feature a large back porch—a top amenity. Superb location just minutes from UNC Charlotte and I-485. Properties with this setup are moving fast. Schedule your tour today!

Highlights

Listed by Andrea Jones , 704-779-4822 Lifestyle International Realty , 704-340-3822.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1965

County

Mecklenburg

Neighborhood

Lake Plaza

Listing ID

4377457

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range, Refrigerator
Air Cond:Ceiling Fan(s)
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:1633
Below Ground Sq Ft:0
Other:
  • Additional:Storage
Water:City

Exterior Features

Garage Capacity:0
Roof:Composition
Others:
  • Additional:Storage
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$878
Taxes
$252

Home Price

$394,990

Loan Details

30 yrs
%

Down Payment

20%
$78,998
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:
$877.76

Principal

Taxes

Principal Taxes HOA Total
Monthly $877.76 $251.81 $0.00 $1,129.56
Yearly $10,533.07 $3,021.67 $0.00 $13,554.74
Total $315,992.00 $90,650.21 $0.00 $406,642.21

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.