Charlotte · Charlotte, NC
7459 Elwood Drive
Charlotte, NC · 1,403 sqft
$475,000
Reduced from $500,000
- 5Beds
- 4Baths
- 1,403SqFt
- 1964Year
- 14Days on market
About this home
This dual-dwelling property includes a charming ADU ideal for guests, extended family, or rental income. The property sits on almost half an acre, and the ranch-style, full-brick main home offers approximately 1,403 square feet, with 3 bedrooms and 2 bathrooms of livable space. Additionally, the relatively newly built 900 square foot ADU features 2 bedrooms and 2 bathrooms. With versatile living options, this home is perfect for an investor or owner-occupant looking to offset their mortgage. Live in one, rent the other, or rent both, but either way, this home is a smart addition to any portfolio!
Property details
- Beds
- 5
- Baths
- 4
- SqFt
- 1,403
- Lot
- —
- Year built
- 1964
- Type
- Single Family
- Days on market
- 14
- Heating
- Electric, Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space, Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,495/ month
- Principal & interest
- $2,941
- Property tax (~1.05%)
- $415
- Homeowners insurance
- $138
- HOA dues
- —
Down payment
$23,750 down · $451,250 financed
Income to qualify (28% rule)
~$149,827 / 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.
