1416 Parkwood AVE, Charlotte, NC 28205
1416 Parkwood AVE, Charlotte, NC 28205
1416 Parkwood AVE, Charlotte, NC 28205
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$724,900
Est. payment /mo
4 Beds
3 Baths
1,957 SqFt

Open House

Sun Sep 13, 1:00pm - 3:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,957 sqft

Price per Sqft $370

Subdivision Midwood

MLS Listing ID 4420784

Bedrooms 4

Full Baths 3

Abv Grd Liv Area 1,957

Year Built 1917

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

Welcome to 1416 Parkwood Avenue in the heart of Plaza Midwood! This beautifully renovated bungalow offers the rare combination of historic charm, modern updates, and a fully equipped income-producing ADU! Located in one of Charlotte's most desirable neighborhoods, you'll enjoy exceptional walkability to local breweries, coffee shops, restaurants, greenway access, the light rail, and Uptown. Inside, the open and inviting floor plan showcases refinished original hardwood floors, spacious living and dining areas, and thoughtfully updated finishes throughout. The split-bedroom layout provides privacy, while the expansive primary suite serves as a true retreat with an oversized walk-in closet and a spa-inspired bath featuring a large walk-in shower and designer finishes. The kitchen is designed for both everyday living and entertaining, featuring a gas range, semi-custom cabinetry, a large quartz island, and stylish modern selections. Its seamless connection to the living and dining spaces creates an ideal setting for hosting family and friends. Adding tremendous value and flexibility, the detached accessory dwelling unit (ADU) includes a bedroom, full bath, kitchen, and living area, currently being leased at $1,250/month. Whether used as a long-term rental, short-term rental, guest suite, home office, gym, art studio, or multigenerational living space, the possibilities are endless. With no HOA and no short-term rental restrictions, you have the freedom to live, invest, or host as you choose. Additional updates include a new Roof, HVAC, Plumbing, Electrical, and Windows, installed in 2019. Bonus: Qualified buyers who use the seller's preferred lender may receive up to $10,000 in lender-paid credits, which can be applied toward closing costs or an interest rate buy-down. This is a rare opportunity to own a move-in-ready home with income potential in one of Charlotte's most vibrant and sought-after neighborhoods. Reference to Single-Family Residential Listing MLS# 4388760.

Location

State NC

County Mecklenburg

Zoning N2-B

Interior

Interior Features Breakfast Bar, Kitchen Island, Open Floorplan, Split Bedroom, Walk-In Closet(s)

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplaces Type Gas, Living Room

Fireplace true

Appliance Dishwasher, Disposal, Gas Range

Laundry Laundry Room

Exterior

Fence Partial

Waterfront Description None

Roof Type Architectural Shingle

Street Surface Concrete,Paved

Porch Deck, Front Porch

Garage false

Building

Lot Description Level

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Hardboard Siding

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Perry Wiese • Realty One Group Revolution • JPWRealEstate@outlook.com

Nearby School & Business

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Betty Burris

+1(201) 725-3534

bburris459@yahoo.com