Description
Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area’s growing demographic of young professionals seeking affordable proximity to Charlotte’s urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25, 000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95, 000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte’s premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner. Ask about our other properteries — this seller has 124 units for sale at 5 different complexes, all 1, 2, and 3 bedroom.
Address
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Address: 3500 Clearmont Avenue, Charlotte, North Carolina 28212
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City: Charlotte
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State/county: NC
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Zip/Postal Code: 28205
Details
Updated on July 25, 2026 at 2:43 pm-
Property ID 4361715
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Price $2,650,000
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Property Size 12524 m²
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Bedrooms 20
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Bathrooms 20
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Year Built 1962
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Property Type Fiveplex, Residential Income
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Available, Electricity Connected, Natural Gas
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Sewer Public Sewer
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Cooling Ceiling Fan(s), Wall Unit(s)
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Heating Electric, Natural Gas, Separate Meters, Wall Furnace
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Flooring Tile, Vinyl, Wood
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County Mecklenburg
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Property Type Residential Income
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Parking Parking Lot
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Elementary School Idlewild
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Middle School Eastway
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High School Garinger
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Community Features Sidewalks, Street Lights
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Waterfront None
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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