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.


