$180,000 7340 Wallace Lane Charlotte, NC

MLS: 3506586   Type: Single Family   County: Mecklenburg   City: Charlotte   Area: Mecklenburg County   Zip: 28212   Style: Traditional     Stories: 1

Mortgage $845 /mo



Half Baths

Sqr Footage









See additional MLS#s 3506568,3506584,3506586. This is a GREAT INVESTMENT opportunity for a home buyer or developer. Homebuyers will enjoy a home with great potential to renovate or update with over 2 acres of land! They could also purchase as an investment property for short or long term rentals. Developers could build up to 48 townhomes or single family homes in the mid to upper $200k range. The property owners also have over 9.3 acres across the street that is under contract with a national builder. Their plans are to build 119 for-sale townhomes ($200,000 to $250,000). Development is scheduled to begin in early 2020. Please see attachments and contact the listing agent with any questions.

Elementary School

Middle School

High School

Piney Grove
Distance: N/A Miles
Distance: 1.8 Miles
Distance: 4.9 Miles

Price History

5/15/2019 Listed $250,000
6/11/2019 10% - $225,000
6/17/2019 20% - $180,000

Elementary School Piney Grove
High School Butler
Middle/Junior School Albemarle
Property Sub Type 1 Story
Property Type Single Family
Status Active
Subdivision Name None

Interior Features

Beds Total 2
Equipment Other - See Media/Remarks
Fireplace No
Full Baths 1
Half Baths 0
Heating Natural Gas
Laundry Location Main
Sq Ft Main 859
Total Baths 1.00
Water Heater Gas

Exterior Features

Driveway Gravel
Exterior Construction Asbestos
Exterior Features Other - See Media/Remarks
Foundation Crawl Space
Lot Description Other - See Media/Remarks
Lot Dimension 209x543x195x466
Lot Size Area 2.180
Parking Other
Sewer City Sewer
Style Traditional
Water City Water

Property Schools

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Gallery (7 photos)

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Property vs Zip Code Avg (28212)

Price 180K Avg 246K

Sqr Feet 859 Avg 1,677

Cost / Sqr Ft $210 Avg $147

Acres 2.18 Avg 0.66

Visits 60 Avg 70

Walkscore® 22 Avg 20

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Nestlewood Realty, LLC

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Location & Address

The McDonald Group
5970 Fairview Rd
Charlotte, NC

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