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Charlotte · Charlotte, NC

5057 Erickson Road

Charlotte, NC · 1,397 sqft

$424,900

Reduced from $429,900

  • 3Beds
  • 1Baths
  • 1,397SqFt
  • 1950Year
  • 76Days on market

About this home

PRICE IMPROVEMENT! Charming mid-century home with original hardwood floors and endless design potential on a large .5+ acres lot in desirable east Charlotte. Located just 4 miles from downtown, off Monroe Road, less than 15 minutes from the city and Charlotte Douglas International Airport, this well-maintained gem offers easy access to major transportation routes, employment centers, dining, entertainment, and travel. The 2-bedroom, 1-bath home has been lovingly cared for and has timeless character, solid construction, and exceptional versatility. The partially finished basement presents a unique opportunity for additional owner living space, rental income potential, a guest suite, or multi-generational living. The flexible layout provides endless possibilities to meet your needs. This property offers ample space for additional parking with potential driveways on both sides of the home, creating added convenience for homeowners and guests alike. The private backyard extends beyond the storage building and garage, over the fence to a creek along the back of the property. Nestled perfectly on a quiet street where many neighboring homes have already been renovated, this property is located in an area experiencing continued growth and revitalization. Whether you're searching for a primary residence, an investment opportunity, or a home with room to grow, this well-built property offers outstanding value and potential in one of Charlotte's most desirable locations. Last but not least, no HOA!

Property details

Beds
3
Baths
1
SqFt
1,397
Lot
Year built
1950
Type
Single Family
Days on market
76
Garage
1
Style
Ranch
Heating
Heat Pump
Cooling
Central Air
Foundation
Basement, Other - See Remarks

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$3,127/ month

Principal & interest
$2,631
Property tax (~1.05%)
$371
Homeowners insurance
$123
HOA dues

Down payment

$21,245 down · $403,655 financed

Income to qualify (28% rule)

~$134,025 / 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

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.

Explore Charlotte

Similar in Charlotte

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When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.