Charlotte · Charlotte, NC
5514 Grafton Place
Charlotte, NC · 2,542 sqft
$1,300,000
Reduced from $1,700,000
- 3Beds
- 2Baths
- 2,542SqFt
- 1952Year
- .9813Lot
- 319Days on market
About this home
LAND (2 Lots facing Albemarle Road) HOUSE (5514 Grafton Place) for a total acreage of .981. Lots are vacant with zoning of R17MF. House is very charming with lots of handmade features built in 1952 and moved to the lot in 1960's. With rezoning of the house lot, this property would be great for apartments or your business. City water, City sewer, and natural gas on house lot. Check with City of Charlotte for availability for vacant lots. Tap fees are not paid for vacant lots. Excellent location for your next business or project. DON'T LET THIS OPPORTUNITY GET AWAY. MAKE YOUR OFFER TODAY. Thank you for your interest.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 2,542
- Lot
- .9813
- Year built
- 1952
- Type
- Single Family
- Days on market
- 319
- Style
- Arts and Crafts
- Heating
- Central, Heat Pump, Natural Gas
- Cooling
- Central Air, Gas
- Foundation
- Crawl Space
- Flooring
- Carpet, Laminate, Linoleum
Features
- Split Bedroom
- Walk-In Closet(s)
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$9,567/ month
- Principal & interest
- $8,051
- Property tax (~1.05%)
- $1,137
- Homeowners insurance
- $379
- HOA dues
- —
Down payment
$65,000 down · $1,235,000 financed
Income to qualify (28% rule)
~$410,055 / 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.
