1300 Reece Road, Charlotte, NC 28209
- Added:
- Feb 20, 2026
- Days on Market:
- 135
- Last Refresh:
- Jul 5 at 1:06 am
Property Features for 1300 Reece Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Bathroom 2
- Parking features
- Assigned, Carport, Parking Lot
- Pool private
- 1
- Appliances
- Microwave, Oven, Refrigerator
- Standard status
- Active
- APN
- 175-181-02
- Size
- 1,220 SF
Taxes and HOA fees
- Tax Description
- L76-111-M3-124 & STR
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Electric, Ceiling Fan(s)
Building Details
- Year built
- 1965
- Building materials
- Brick Full
- Architectural style
- Modern
Listing agent Miller O'Boyle (704) 607-9634
Listing office Coldwell Banker Realty 3440 Toringdon Way, Suite 110, Statesville, NC (704) 541-5111
Listing date Feb 20, 2026
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mid‑century modern condo‑style unit in a brick full building built in 1965
- HOA covers property taxes, internet, cable, water, and trash (plus HOA‑provided covered parking)
- Private pool available; unit includes central heating and electric cooling with ceiling fans
- Open layout with 2 bedrooms and 2 bathrooms
- Kitchen appliances include microwave, oven, and refrigerator
- Parking: parking lot, carport, and assigned parking; public sewer service
Overview
The community is positioned just steps from Park Road Shopping Center, with convenient access to nearby restaurants, cafes, boutiques, and entertainment options. The Little Sugar Creek Greenway is also available for a scenic route toward Freedom Park and beyond.
For buyers seeking a turn-key residential income setup, the bundled HOA responsibilities can simplify monthly ownership expenses by covering several core service categories. The covered parking adds practicality for tenants or residents, while the open layout and maintained building support an appealing day-to-day living experience. The location’s proximity to retail and daily conveniences may also help support tenant lifestyle preferences given the surrounding mix of amenities.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $23.28 |
| − Vacancy | −$1.6k | −$1.28 |
| EGI | $26.8k | $22.00 |
| − OpEx | −$12.1k | −$9.90 |
| NOI | $14.8k | $12.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.848183
- Latitude
- 35.175581
