Rare Investment Property Near Uptown Charlotte: 1104 Cedarwood Lane, Charlotte
Looking for a rare investment opportunity near Uptown Charlotte? Welcome to 1104 Cedarwood Lane. This property, nestled on a serene, tree-lined street, presents a unique chance to own prime real estate just moments away from the vibrant heart of Charlotte.
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Prime Location
Situated in a prime location, 1104 Cedarwood offers proximity to Uptown Charlotte while providing the tranquility of its surroundings. With the lot backing up to Parkland Reserve, residents can enjoy privacy and a connection with nature.
Features and Potential
This Coventry Woods property showcases:
- Sold Price: $316,000
- 3 Bedrooms, 2 Bathrooms
- Original hardwood flooring beneath the carpet
- Attached 2-car garage accessible via an enclosed sunroom
- Expansive 1.13-acre lot with no HOA
- Proximity to Uptown Charlotte
While the home requires significant repairs and updates, 1104 Cedarwood Lane holds great potential for investors, builders, and contractors willing to invest time and resources.
Important Considerations
It’s essential to consider:
- The presence of galvanized pipes, water, and drainage issues, along with structural concerns
- Unpermitted addition of a bedroom over the basement
- Not all rooms feature hardwood flooring
- Basement/crawl space may experience water ingress during storms
Gallery – Click here to see the full list
As-Is Sale
1104 Cedarwood Lane is offered as-is, with the seller making no repairs. However, for those seeking a property with potential near Uptown Charlotte, this represents a remarkable opportunity.
Parkland Reserve
Adjacent to 1104 Cedarwood Lane lies the expansive Parkland Reserve, spanning over 29 acres and owned by the County. This reserve enhances the property’s allure, providing a natural buffer and a tranquil atmosphere.
Property Details
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Click the following links to download the inspection report and floor plan, or if you prefer, please email real.estate.charlotte.101@gmail.com.
Reach out to us, and we’ll be delighted to assist you. Stay tuned for all updates! Follow us on social media, Facebook, Instagram, and YouTube.
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Charlotte Real Estate Agent
Danielle Edwards
danielleedwards@REMAX.net
704-604-2999