Charlotte, NC 28215 4911 Malibu Drive

Investors & savvy Home Buyers! Perfect opportunity for new & seasoned investors to own an excellent income-producing duplex W/ upside of raising rents significantly. Both are occupied W/ long-term/great tenants on month to month lease. (4 years- $1075 & 12 years- $880). It can easily go up to $1200 per side now. No HOA. Each side is 2BRs & 1Bas. Potential rents after cosmetic upgrades will range between $1350-$1500 per side—just 5-15 minutes to NoDa, South End, Plaza Midwood, & Uptown area. Close to the light rail, shopping, restaurants, & entertainment. DO NOT DISTURB TENANTS- NO SHOWINGS UNTIL ACCEPTED OFFER. DD WILL BE DUE THE DAY OF THE WALKTHROUGH. Upgrades- New roof & gutters-2020. 4911 Malibu- new sub-floor, & LVP floor, paint, appliances, cabinets, counters, light fixtures, vanity, all plumbing fixtures & much more. Owner occupant with FHA- we can provide notice to vacate to one side and deliver one side vacant. Professionally managed and can stay on for new owner if desired.