Charlotte · Charlotte, NC
615 Pennwood Lane
Charlotte, NC · 1,050 sqft
$180,000
- 3Beds
- 2Baths
- 1,050SqFt
- 1989Year
- 1Days on market
About this home
Looking for a home with serious potential at a price that’s getting harder to find? This 3 bedroom, 2 bathroom ranch sits on a generous .24 acre lot and offers an incredible opportunity for someone ready to make it their own.
The layout is functional, the lot provides plenty of outdoor space, and the location puts you close to everyday conveniences. Steps from Briarwood Park and minutes from Reedy Creek Park, UNC Charlotte, Plaza Midwood, and Uptown Charlotte, you’ll have easy access to parks, dining, shopping, entertainment, and major commuter routes.
This home has not been updated, major systems and finishes are original or near the end of their useful life. Bring your ideas and creativity. This home is ready for updates and offers a fantastic opportunity to add your own style and build equity over time. If you’d rather create value yourself than pay a premium for someone else’s renovations, this is one you’ll want to see.
Opportunities at this price don’t come along often. Bring your ideas and imagine what’s possible.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,050
- Lot
- —
- Year built
- 1989
- Type
- Single Family
- Days on market
- 1
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Slab
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,324/ month
- Principal & interest
- $1,114
- Property tax (~1.05%)
- $157
- Homeowners insurance
- $52
- HOA dues
- —
Down payment
$9,000 down · $171,000 financed
Income to qualify (28% rule)
~$56,776 / 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 — 15 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.


