TRYON HOUSE APARTMENTS – 84 UNITS IN CHARLOTTE, N.C.

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Price:

$7,000,000

Status:

Sold

Address:

508 N Tryon St, Charlotte, NC 28202, USA

Overview:

SOLD 3/1/21 FOR $7,000,000
Deaton Investment Real Estate represented the buyer in this off-market transaction.

Located in the thriving, urban core of Charlotte, N.C., Tryon House Apartments offer a unique opportunity to acquire an irreplaceable asset and add value through strategic improvements. Built in 1927, the stately, three- and four-story building features all-brick construction stretching an entire block from N. Tryon Street to N. College Street.

Link to Tax Records

Unit Information

Unit	Type	Size	Rent
84 UNITS	1-Bed & 2-Bed mix	700 SF (APPROX. AVG.)	$635 AVG.

Property Information

PIN	0800307	Tax Value	$5,442,700
Taxes	$64,317.66	Lot Size	.805 ACRES
Year Built	1927	Exterior	BRICK
Floors	HARDWOOD, TILE	Foundation	BASEMENT
HVAC	WINDOW A/C, GAS BOILER	Owner Financing	NONE
Utilities	OWNER PAYS WATER AND GAS	Appliances	RANGE, REFRIGERATOR
Legal Description	508 N TRYON ST	Zoning	DOWNTOWN DISTRICT 3
Sold Date	03/01/2021

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Agent Information

Michael Deaton