$2,650,000

3500 Clearmont Avenue, Charlotte, NC 28212

  • 20 beds |
  • 20 baths |
  • 12,524 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1962
  • Property Lot Size Icon1.23acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $212/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

Presenting an exceptional value-add multifamily investment opportunity located at 3500 North Sharon Amity Road in the rapidly expanding East Charlotte submarket. This highly efficient 20-unit asset consists entirely of desirable 1-bedroom, 1-bathroom floor plans, catering perfectly to the area's growing demographic of young professionals seeking affordable proximity to Charlotte's urban core. Owned and maintained by the same owner for decades, the property features a proven, organic value-add program where interior renovations have been successfully executed over the last decade as units turn over, effectively proving out the post-renovation rent premiums. Strategically positioned just minutes from Charlotte’s most vibrant cultural and entertainment districts, including Plaza Midwood, NoDa, and the Uptown central business district, the property provides immediate access to major transit routes, prominent employment hubs, and ongoing commercial redevelopment corridors. Furthermore, the site boasts high-visibility frontage directly along the North Sharon Amity Road corridor with outstanding exposure and traffic counts exceeding 25,000 vehicles per day. Tenants benefit from exceptional convenience, being surrounded by a robust lineup of daily-needs retailers within walking distance or a short drive, including Food Lion, Walgreens, CVS, Family Dollar, and Bojangles. Supported by strong submarket fundamentals and dense local demographics featuring a population of over 95,000 residents within a 3-mile radius, 3500 North Sharon Amity Road is perfectly positioned to capture the influx of renters who desire the lifestyle amenities of Charlotte's premier historic districts but require a more approachable price point, ensuring long-term tenant demand and property appreciation for the new owner.

Listing Status:
Active
Data Last Updated:
April 5, 2026 at 5:17AM
Listing Office:
BnBCabins Inc : 828-773-5493
MLS ID:
4361715
  • General: Open FloorplanPantry
  • Appliances: Electric OvenElectric RangeElectric Water HeaterRefrigerator
  • Laundry: None
  • Flooring: TileVinylWood
  • A/C: Ceiling Fan(s)Wall Unit(s)
  • Heating: ElectricNatural GasSeparate MetersWall Furnace
  • Parking: Parking Lot
  • Roofing: Architectural Shingle
  • Windows: Insulated Window(s)
  • General: Site BuiltCrawl Space
  • Road/Access: AsphaltPaved
  • Originating MLS: carolina
  • County: Mecklenburg
  • Zoning: N2-B103-011-14103-011-22
  • Utilities: Cable AvailableElectricity ConnectedNatural Gas
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of BnBCabins Inc

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Winterfield Elementary School

3100 Winterfield Pl, Charlotte, NC, 28205

Grades PK-5

0.51 miles away

E

Eastway Middle School

1501 Norland Rd, Charlotte, NC, 28205

Grades 6-8

1.16 miles away

G

Garinger High School

1100 Eastway Dr, Charlotte, NC, 28205

Grades 9-12

2.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.