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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

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.