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About This Home
This 3-bedroom, 2-bathroom single family at 5206 Burke Drive in Charlotte, NC is listed for $295,000 ($179 per sqft). Built in 1957, the home offers 1,651 sqft of living space on a 0.56 acres lot.
Welcome to this well-maintained 3-bedroom, 1.5-bath full-brick home located at 5206 Burke Dr in Charlotte. This property is currently tenant-occupied, generating $1,500/month in rental income-making it a great opportunity for investors seeking immediate cash flow.The home features original hardwood floors throughout and an open-concept layout that creates a bright and inviting living space.
Solid brick construction offers long-term durability and low maintenance, ideal for a buy-and-hold investment strategy. Situated in a quiet neighborhood just minutes from Uptown Charlotte, this property benefits from strong rental demand and convenient access to major highways, shopping, and dining. Whether you're looking to expand your rental portfolio or secure a turnkey income-producing property, this is an excellent opportunity you don't want to miss.
Key Features
- Built in 1957
- 0.56 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,578/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5206 Burke Drive
Charlotte, NC 28208
Hidden Valley
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 5206 Burke Drive is listed at $295,000 ($179/sqft). The estimated monthly payment is $1,278 based on 20% down at 6.5% interest.
Key features include: Built in 1957, 0.56 acre lot, Fireplace.
This property is listed by John Cil and can be reached at 9803226692 or johncil0801@gmail.com.
