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

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.

Unit Information

UnitTypeSizeRent
84 UNITS1-Bed & 2-Bed mix700 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