Charlotte · Charlotte, NC
1630 Pamela Lorraine Drive
Charlotte, NC · 1,200 sqft
$275,000
- 3Beds
- 2Baths
- 1,200SqFt
- 1988Year
- 1Days on market
About this home
Investor opportunity in the University Area with tenant in place. This ranch offers a practical, easy-to-rent layout with an open living area, spacious eat in kitchen with laundry area, and a huge fenced flat backyard. The home has the kind of everyday functionality tenants value, including comfortable gathering space, defined bedrooms, storage, and outdoor space that feels private without being high-maintenance.
This area continues to be a strategic location for rental ownership, positioned close to UNC Charlotte, University City, Harrisburg, Reedy Creek Park, shopping, dining, entertainment, and commuter routes into Uptown Charlotte. The neighborhood offers a suburban residential feel while keeping major employment, education, and lifestyle amenities within reach. For an investor looking for immediate rental income, location strength, and a property that already has occupancy in place, this is a strong addition to consider.
Tenant occupied. Please do not disturb tenant. Lease terms, rental history, and all investment details to be verified by buyer.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,200
- Lot
- —
- Year built
- 1988
- Type
- Single Family
- Days on market
- 1
- Heating
- Central
- Cooling
- Dual
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,023/ month
- Principal & interest
- $1,703
- Property tax (~1.05%)
- $240
- Homeowners insurance
- $80
- HOA dues
- —
Down payment
$13,750 down · $261,250 financed
Income to qualify (28% rule)
~$86,742 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
Location
Gallery — 29 photos
About Charlotte
Metro core · Multi-ZIP coverage
The metro itself — Christy works Charlotte across multiple sub-markets, from the inner-ring streetcar suburbs through Ballantyne and the East side.
