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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1040 Drummond Ave , Charlotte, NC 28205
$525,000
Est. Payment: $1,166.67/mo
3 Bed
1 Bath
1181 Sqft
Status: Under Contract-No Show | Days on site: 118
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House Description

Prime Location, Endless Potential — Sold AS IS! Here's your chance to get into one of Charlotte's hottest neighborhoods at an incredible value! Located just minutes from Uptown, NoDa, and North Campus, this property needs some TLC but offers huge upside for the right buyer. Perfect for a first-time buyer ready to build sweat equity, or an investor looking for a high-return project — this home is zoned for a duplex, triplex, or quadplex, opening the door to redevelopment, rental income, or a full renovation. Nearby homes in this sought-after pocket of Charlotte are selling for over $1 million, making this a rare opportunity to buy in below market value with serious room to grow. You're steps from eclectic dining, breweries, arts venues, and the Light Rail — walkability and lifestyle appeal that keeps this area in high demand. Strong rental comps, booming growth, and a prime location make this a smart buy whether you're planning to renovate, rebuild, or hold long-term. Homes like this don't last — bring your vision and make it yours! Serious inquiries only.

Highlights

Listed by Jennifer Bellinger , 704-817-1076 ERA Live Moore , 704-393-0048.

Property Type

Residential

Lot/Acreage
0.26

Year Built

1948

County

Mecklenburg

Neighborhood

Plaza Hills

Listing ID

4363982

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:1
  • Full Bathrooms:1
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:1181
Below Ground Sq Ft:0
Other:
  • Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Cleared,Level
Lot Dimensions:33x47x119x35x76x100
Zoning:N2-B
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$1,167
Taxes
$335

Home Price

$525,000

Loan Details

30 yrs
%

Down Payment

20%
$105,000
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:
$1,166.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,166.67 $334.69 $0.00 $1,501.35
Yearly $14,000.00 $4,016.25 $0.00 $18,016.25
Total $420,000.00 $120,487.50 $0.00 $540,487.50

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.