Charlotte · Charlotte, NC
612 Miller Street
Charlotte, NC · 702 sqft
$240,000
- 2Beds
- 1Baths
- 702SqFt
- 1962Year
- 1Days on market
About this home
Investor/Builder opportunity in highly desirable 28203. This 2BR/1BA brick home is currently tenant-occupied with a strong rental history, providing immediate income while you plan for the future. Situated on a .13-acre lot with N1-D zoning, the property is ideally suited for residential redevelopment in an area experiencing ongoing infill and new construction.
Surrounded by revitalization and conveniently located near South End, Uptown, and major transportation corridors, this is a prime hold-or-build scenario. Property is being sold subject to lease—do not disturb tenant.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 702
- Lot
- —
- Year built
- 1962
- Type
- Single Family
- Days on market
- 1
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,766/ month
- Principal & interest
- $1,486
- Property tax (~1.05%)
- $210
- Homeowners insurance
- $70
- HOA dues
- —
Down payment
$12,000 down · $228,000 financed
Income to qualify (28% rule)
~$75,702 / 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.
