Property Description:
Located in Charlotte’s growing Eastbrook Woods, 6243 Covecreek Dr is just minutes from Uptown, NoDa, and UNCC—prime spots for investor growth. This 1,423 sqft SFH is priced at $250K and offers strong upside with potential to add a bed and bath. Roof and HVAC are under 10 years old, and the home will be delivered vacant with a clear title. Whether flipping or holding, this is a turnkey opportunity to capitalize on Charlotte’s booming market. Submit your soft offer today—this deal won’t last!
Property Highlights:
Spacious 0.30-acre corner lot
Exterior: Brick
Located in the established Eastbrook Woods neighborhood
Roof and HVAC less than 10 years old
City water and sewer
Original windows
Original kitchen and bathrooms
Potential to add an extra bedroom and bathroom
Will be vacant at closing
Nearby Schools & Amenities:
This property is conveniently located near a variety of schools, shopping centers, and parks, providing all the essentials within reach.
Briarwood Elementary School: 0.6 miles
Martin Luther King Jr. Middle School: 1.4 miles
Garinger High School: 1.8 miles
Eastland Mall: 2.5 miles
Uptown Charlotte: 7 miles
NoDa Arts District: 6 miles
University of North Carolina at Charlotte (UNCC): 8 miles
Financial Overview:
Buy Now Price: $250,000
Estimated Rehab Cost: $35,000
After Repair Value (ARV): $318,500
Projected Net Profit: $33,500
Rent Zestimate®: $1,858/month
Property Specs & Condition:
Property SF: 1,423 sqft
Building Type: Single-Family Home
Year Built: 1966
Roof: Asphalt (less than 10 years old)
Heating: Heat pump, Electric
Cooling: Central Air
Sewer, Water & Utilities: City water and sewer
Zoning: R4
Comparable Sales:
Comp 1:
Address: 5713 Barrington Dr, Charlotte, NC 28215
Bedrooms: 3
Bathrooms: 2
Sold For: $318,500
Date Sold: April 2025
Comp 2:
Address: 642 Vickery Dr, Charlotte, NC 28215
Bedrooms: 3
Bathrooms: 2
Sold For: $280,000
Date Sold: March 2025
Comp 3:
Address: 921 Vickery Dr, Charlotte, NC 28215
Bedrooms: 3
Bathrooms: 2
Sold For: $285,000
Date Sold: February 2025
Don't let this opportunity slip away! With its prime location, solid structure, and potential for significant returns, 6243 Covecreek Dr is the perfect addition to your investment portfolio. Act fast—submit your soft offer today!