Charlotte · Charlotte, NC
305 Orchard Trace Lane #5
Charlotte, NC · 598 sqft
$102,000
- 1Beds
- 1Baths
- 598SqFt
- 1974Year
- 1Days on market
About this home
Move in ready second floor condo in a convenient Charlotte location. Located just minutes from major interstates, shopping, dining, and approximately 8 minutes from UNC Charlotte, this one level unit offers comfortable and low maintenance living. Features include built in storage and a functional layout. Enjoy community amenities including a swimming pool, tennis courts, clubhouse, recreation area, and HOA dues that include water. Currently tenant occupied, making this an excellent investment opportunity with immediate rental income in place while offering future flexibility for owner occupants.
Property details
- Beds
- 1
- Baths
- 1
- SqFt
- 598
- Lot
- —
- Year built
- 1974
- Type
- Condo
- Days on market
- 1
- Garage
- 2
- Heating
- Electric, Forced Air
- Cooling
- Central Air
- Foundation
- Slab
- Flooring
- Carpet, Vinyl
- HOA dues
- $220 / mo
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$970/ month
- Principal & interest
- $631
- Property tax (~1.05%)
- $89
- Homeowners insurance
- $29
- HOA dues
- $220
Down payment
$5,100 down · $96,900 financed
Income to qualify (28% rule)
~$41,602 / 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.
