Description
BACK ON MARKET NO FAULT OF SELLER. 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 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
Address
Open on Google Maps-
Address: 1319 Cathey Road
-
City: Charlotte
-
State/county: NC
-
Zip/Postal Code: 28214
-
Area: Coulwood
Details
Updated on June 8, 2026 at 7:32 pm-
Property ID 4366814
-
Price $350,000
-
Bedrooms 3
-
Bathrooms 2
-
Garages 4
-
Year Built 1958
-
Property Type Single Family Residence, Residential
-
Property Status Active, For Sale
Additional details
-
Listing Terms Cash, FHA 203(K)
-
Roof Architectural Shingle
-
Utilities Cable Available, Natural Gas
-
Sewer Public Sewer
-
Cooling Central Air, Ductless
-
Heating Central, Ductless
-
Flooring Tile, Wood
-
County Mecklenburg
-
Property Type Residential
-
Parking Attached Garage, Garage Shop
-
Elementary School Unspecified
-
Middle School Unspecified
-
High School Unspecified
-
Community Features Outdoor Pool
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Video
360° Virtual Tour
Contact Information
View ListingsSimilar Listings
7219 Pompano Place, Gastonia, North Carolina 28056
7219 Pompano Place, Gastonia, NC 28056, Gastonia, NC- Beds: 3
- Baths: 2
- Single Family Residence, Residential
2643 Swamp Chestnut Oak Drive, Gastonia, North Carolina 28056
2643 Swamp Chestnut Oak Drive, Gastonia, NC 28056, Gastonia, NC- Beds: 6
- Baths: 4
- Single Family Residence, Residential
1060 Garibaldi Ridge Court, Belmont, North Carolina 28012
1060 Garibaldi Ridge Court, Belmont, NC 28012, Belmont, NC- Beds: 4
- Baths: 3
- Single Family Residence, Residential
2316 Old Nc 27 Highway, Mount Holly, North Carolina 28120
2316 Old NC 27 Highway, Mount Holly, NC 28120, Mount Holly, NC- Beds: 3
- Baths: 2
- Single Family Residence, Residential
- The Simpson Group Realty