Agent profile image in chat bubble
Agent profile image in chat header

Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

Agent profile image in message

427 A Arbor Dr , Waxhaw, NC 28173
$575,000
Est. Payment: $1,277.78/mo
6 Bed
5 Bath
2640 Sqft
Status: Active | Days on site: 4
Get Pre-Qualified
13574 - 13111
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.

House Description

Rare opportunity to acquire a newer-construction, fully occupied duplex in the heart of downtown Waxhaw. Built in 2022, this two-unit property offers approximately 2,624 total square feet, with each residence providing three bedrooms, two-and-a-half baths and approximately 1,320 square feet. Both units feature open-concept main-level living, modern finishes, granite countertops, shaker-style cabinetry, durable laminate flooring on the main level, carpeted bedrooms upstairs, washer/dryer connections and driveway parking. The location is convenient to downtown Waxhaw shopping, dining and community amenities, with the Waxhaw Library just around the corner. Both residences are currently leased at $1,750 per month, producing $3,500 in gross monthly scheduled rent and $42,000 in gross annual scheduled rent. At the $575,000 asking price, that represents an approximate 7.30% in-place gross yield before operating expenses. Gross yield is not a cap rate and does not deduct taxes, insurance, utilities, maintenance, vacancy, management or capital reserves. This is an attractive opportunity for an investor seeking immediate income, two substantial three-bedroom rental residences and a newer multifamily asset in a highly convenient downtown location. Lease documentation and available financial information may be reviewed during due diligence. A companion duplex containing two additional three-bedroom rental units is also being offered separately, creating the opportunity to acquire both buildings as a four-unit portfolio, subject to availability. See companion MLS #4415435. Buyer is always strongly encouraged to verify all property information, square footage, leases, income and expenses. ****virtual staging used! There are mounted sconces represented in the primary bedroom that are not present! that is virtual staging only****

Highlights

Listed by Megan Banks , 704-905-8689 David Hoffman Realty Charlotte , 704-237-0485.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

2021

County

Union

Neighborhood

None

Listing ID

4415402

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:6
  • Bathrooms:5
  • Full Bathrooms:4
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Electric Range, Microwave
Air Cond:Ceiling Fan(s),Central Air,Electric
Fireplaces:
Floor:Carpet,Laminate
Above Ground Sq Ft:2640
Below Ground Sq Ft:0
Other:
  • Additional:Open Floorplan, Pantry, Storage
Water:City

Exterior Features

Lot:Sloped
Roof:Composition
Sewer:Public Sewer
Parking Features:Driveway,Parking Space(s)
Principal Interest
$1,278
Taxes
$367

Home Price

$575,000

Loan Details

30 yrs
%

Down Payment

20%
$115,000
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:
$1,277.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,277.78 $366.56 $0.00 $1,644.34
Yearly $15,333.33 $4,398.75 $0.00 $19,732.08
Total $460,000.00 $131,962.50 $0.00 $591,962.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

Never Miss a Property

Be the first to know when a property hits the market.

Current Listings

Last 30 Days
N/A
Sep 2026

Average Price

All Price Ranges
N/A
Sep 2026

Average Days on Market

All Price Ranges
N/A
Sep 2026
Market insight data is pulled from the same city as the listing being viewed (Waxhaw, 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.