$1,200,000

5700 Glenkirk Road

Charlotte, NC 28210 Lots/Acres/Farms
MLS#: 4071651
Status: Active

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Details

Type
Lot 
Status
Active 
Lot Size
0.8540 
Subdivision
SouthPark 
Elementary School
Unspecified 
Middle School
Unspecified 
High School
Unspecified 
Buyer Agency Compensation¹
3 %
Sub Agency Compensation¹
0 %
Appliances
 
Cooling
 
Heating
 
Exterior
 
Water
City Water 
Year Built
 
Driveway
 
Laundry Location
 
Parking
 
Lot Description
Infill Lot, Trees, Wooded 
¹ = The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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Property Description

Great SouthPark Location! Heavily wooded with level rear yard sloping to the street. City water and sewer are available to the property. Seller financing offered at 6.75% APR simple internet. 10% down for 3 years giving time to finalize your plan. This property is able to be subdivided into two 0.433 lots as outlined in surveyor’s report available in MLS attachments. Covenants and Restriction have expired and the land can be divided into 2 parcels as now approved by the Charlotte Unified Development Ordnance (UDO). This approval is contingent on the removal of the house and other structures on the existing parcel. At the current listed price, the sellers will escrow from closing proceeds, sufficient funds for demolition and removal of existing structures. The seller is required to maintain the existing house and other structures in place to maintain the sellers IRS capital gains exclusion. Attorney Ralph McMillan with McMillan, Psaroudis & Markey PA. will manage the Escrow account.

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