2929 Amity Garden Court, Charlotte, NC 28205
MULTI_FAMILY - Charlotte, NC
- Added:
- Apr 22, 2026
- Days on Market:
- 52
- Last Refresh:
- Jun 12 at 12:06 am
Property Features for 2929 Amity Garden Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 4
- Parking features
- Driveway
- Patio and Porch features
- Patio, Porch
- Interior features
- Open Floorplan, Pantry, Storage
- Exterior features
- Lawn Maintenance, Storage Unit (Off Site)
- Appliances
- Electric Range, Microwave, Oven
- Standard status
- Active
- APN
- 133-014-11
- Size
- 1,800 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- L5 B1 M10-13
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl, Wood
- Building materials
- Brick Partial, Shingle/Shake, Vinyl
- Roof type
- Shingle
- Additional Structures
- Storage
Listing agent Crystal Ratcliff (704) 253-9272
Listing office Castle Gate Real Estate Group LLC 18644 W Catawba Ave Ste 202, Cornelius, NC (704) 533-9387
Listing date Apr 22, 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
- Immediate income potential with one unit currently leased at $1,463/month.
- Second unit is vacant, offering flexibility for a new tenant or owner‑occupancy.
- Located in East Charlotte, an area experiencing ongoing growth and rapid development.
- Each unit features 2 bedrooms and 1 bathroom with 900 sqft.
- Remodeled bathroom and fresh paint throughout.
- Convenient access to shopping, dining, and major highways.
Overview
Local Financial Insights For Multifamily LT 5
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 | $35.6k | $19.80 |
| − Vacancy | −$1.9k | −$1.03 |
| EGI | $33.8k | $18.77 |
| − OpEx | −$10.1k | −$5.63 |
| NOI | $23.7k | $13.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.763167
- Latitude
- 35.199525
