Nestled in the highly sought-after 28270 area near Matthews and close to major highways, this 2,173?sq?ft single-family home is a hidden gem. Charlotte’s housing market continues to show strong appreciation—this property offers the rare chance to secure solid rental income or a profitable flip. Whether you’re expanding your rental portfolio or seeking a rehab-ready project, this home delivers.
Don’t wait—homes like this in the heart of Charlotte and near booming suburban hubs move fast. It won’t hit the MLS, so this exclusive off-market deal at 70-75?% of ARV is a golden opportunity. We’ve cleared the title and it’s ready for closing—schedule your viewing and lock in your offer today!
Property Highlights:
Spacious 2,173?sq?ft • 3 beds • 2 baths
SFH on standard residential lot
Vacant—move-in ready condition, slight wear
Active mortgage in place—seller motivated to close
Parcel ?#21348207
Nearby Schools & Amenities:
Conveniently located near quality schools (Carmel Middle, Forest Hills Elementary), shopping centers, parks, and dining. Close to Matthews and I-485, it offers easy access to Uptown Charlotte and major commuter corridors.
Financial Overview:
Asking Price:?$525,000
Estimated Rehab Cost:?Minimal—just cosmetic updates
ARV:?≈?$700K–$750K (based on neighborhood comps)
Rent Zestimate®:?Currently listed at $2,395/mo
Property Specs & Condition:
Property SF:?2,173?sq?ft
Building Type: Single-family home
Basement: Unfinished – prime for adding livable space
Condition: Good – well-maintained, no major repairs needed
Roof / HVAC / Plumbing: Functional (seller advises no repairs needed)
Utilities: Standard city sewer, water, power
Zoning: Residential
COMPARABLE SALES:
COMP 1:
7501 Limerick Dr, Charlotte, NC 28270
SOLD: $740,000 04/1/2025
COMP 2:
7507 Limerick Dr, Charlotte, NC 28270
SOLD: $751,000 05/22/2025
This well-located, move-in-ready 4 bed, 3 bath SFH requires little cosmetic finishing and is primed for rental or resale in a strong Charlotte market. With a rental rate of $2,395/mo and potential ARV of around $725K, the return profile is compelling.
Next Steps:
Schedule your walkthrough.
Submit your soft offer.
Let's close quickly and get you generating returns!