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John KurtzCharlotte · NC

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Charlotte · Charlotte, NC

114 Norwood Drive

Charlotte, NC · 1,214 sqft

$245,000

  • 3Beds
  • 1Baths
  • 1,214SqFt
  • 1925Year
  • 6Days on market

About this home

This is a prime opportunity for new construction in a rapidly growing area!! Flat corner lot!!*** no HOA, and already zoned for multi-family use, giving builders flexibility from the start*** ***This is a property is currently occupied and could be an investment in its current form, but also a teardown opportunity. The real value is in the site and what can be built here. *** The lot offers strong potential for a new build project in a location that continues to see steady development and increasing demand. Just minutes from Uptown Charlottewith convenient access to Camp North End, NoDa, Plaza Midwood, Johnson C. Smith University, and the greenway system. These nearby areas continue to attract investment, redevelopment, and long-term growth It can be builders or investors looking for their next project, this is a chance to secure land in an improving area before values climb further!! The location and zoning create real upside for a new construction strategy

Schedule a showing and explore the possibilities this site offers.

Property details

Beds
3
Baths
1
SqFt
1,214
Lot
Year built
1925
Type
Single Family
Days on market
6
Heating
Heat Pump
Cooling
Window Unit(s)
Foundation
Slab

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,803/ month

Principal & interest
$1,517
Property tax (~1.05%)
$214
Homeowners insurance
$71
HOA dues

Down payment

$12,250 down · $232,750 financed

Income to qualify (28% rule)

~$77,280 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.