Charlotte · Charlotte, NC
9547 University Terrace Drive #E
Charlotte, NC · 1,089 sqft
$249,000
- 4Beds
- 2Baths
- 1,089SqFt
- 1992Year
- 2Days on market
About this home
Fully rented University Terrace Condo Investment Property. Building is close to UNCC with easy access to the crosswalk for access to University bus stops at the parking lots across the street. Second floor unit with an open floor plan. 4 bedrooms and 2 baths. Currently leased. Units rent by bedrooms. Three 1 year leases through July 31,2027 and 1 is currently month to month. Each person has their own bedroom and there are 2 shared bathrooms. Leases must remain in place through the end of the leases. Will be available with an accepted offer. $500.00 per bedroom with owner covering $50.00 of utilities (max 200 per month). Any amount over $200.00 is split between tenants. Laminate and vinyl flooring. Baths have had new vanities in the last 2 years. Tenants require up to a 48 hour notice for showings and LA must accompany. DO NOT Disturb Tenants without an appointment.
Property details
- Beds
- 4
- Baths
- 2
- SqFt
- 1,089
- Lot
- —
- Year built
- 1992
- Type
- Condo
- Days on market
- 2
- Heating
- Central
- Cooling
- Central Air
- Foundation
- Slab
- Flooring
- Laminate, Vinyl
- HOA dues
- $265 / mo
Features
- Lawn Maintenance
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$2,097/ month
- Principal & interest
- $1,542
- Property tax (~1.05%)
- $217
- Homeowners insurance
- $72
- HOA dues
- $265
Down payment
$12,450 down · $236,550 financed
Income to qualify (28% rule)
~$89,898 / 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 — 18 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.


