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$2,300,000
19612 Oak St, Cornelius, NC 28013
23 Beds
10 Baths
8,639 SqFt

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Prime investment and/or redevelopment opportunity located in Downtown Cornelius, NC in the proposed Arts District. The offering is a 10-Unit apartment complex within walking distance to Town Hall, Cornelius Police Department, Walgreens, Oak Street Mill Village and a host of retail, eateries and more! The project is also within walking to the under development $25MM Cain Center for the Arts on Main Street in the heart of Downtown Cornelius. The property is also located about 4 miles (10-min drive) from Jetton Park & Ramsey Creek Park, which offer lakefront parking for boats, a small beach, tennis courts, trails, fishing & picnicking, sand volleyball, horseshoes & a playground. This property has a lot of potential with the ability to be redeveloped or utilized as workforce housing, affordable housing or market rate apartments. Reach out today for a tour and see the potential for yourself! *Do not disturb residents*
  • Price:
  • $2,300,000
  • Bedrooms:
  • 23
  • Full Baths:
  • 10
  • Square Footage:
  • 8,639
  • Acreage:
  • 1.15
  • Year Built:
  • 1960
  • Listing ID #:
  • CAR3865196
  • Street Address:
  • 19612 Oak St
  • City:
  • Cornelius
  • State:
  • North Carolina
  • Postal Code:
  • 28013
  • County:
  • Mecklenburg
  • Subdivision:
  • None
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 8639
  • Architecture Style:
  • Traditional
  • Construction Description:
  • Brick, Wood Siding
  • Construction Type:
  • Site Built
  • Exterior Features:
  • Storage
  • Flooring:
  • Vinyl, Vinyl, Wood
  • Foundation:
  • Crawl Space
  • Number Of Units:
  • 10
  • Rent Includes:
  • Exterior Maintenance
  • Structure:
  • Apartments
  • Total Building Square Footage:
  • 8639
  • Year Built:
  • 1960
  • Lot Features:
  • Level, Open Lot, Wooded
  • Lot Size:
  • 1.15
  • Lot Size Units:
  • Acres
  • Road Type:
  • Asphalt
  • Zoning Description:
  • Tc
  • Days On Market:
  • 183
  • Previous Listing Price:
  • 2500000
  • Special Conditions Of Sale:
  • Subject To Lease, None
  • Terms:
  • Cash, Conventional
  • Tenant Pays:
  • All Utilities
  • Parking Description:
  • Parking Lot
  • Appliances:
  • Ceiling Fan(s), Electric Range, Exhaust Fan, Microwave, Refrigerator, Washer
  • Existing Water:
  • Public
  • Heating:
  • Central
  • Laundry:
  • Main Level, Laundry Room, Porch
  • Sewage Type:
  • Public Sewer
  • Unit 1 Square Footage:
  • 894
  • Unit 1 Total Bedrooms:
  • 3
  • Unit 10 Square Footage:
  • 1078
  • Unit 10 Total Bedrooms:
  • 3
  • Unit 2 Square Footage:
  • 793
  • Unit 2 Total Bedrooms:
  • 2
  • Unit 3 Square Footage:
  • 793
  • Unit 3 Total Bedrooms:
  • 2
  • Unit 4 Square Footage:
  • 793
  • Unit 4 Total Bedrooms:
  • 2
  • Unit 5 Square Footage:
  • 793
  • Unit 5 Total Bedrooms:
  • 2
  • Unit 6 Square Footage:
  • 793
  • Unit 6 Total Bedrooms:
  • 2
  • Unit 7 Square Footage:
  • 793
  • Unit 7 Total Bedrooms:
  • 2
  • Unit 8 Square Footage:
  • 793
  • Unit 8 Total Bedrooms:
  • 2
  • Unit 9 Square Footage:
  • 1034
  • Unit 9 Total Bedrooms:
  • 3
  • Listing Provided By Better Homes And Gardens Real
  • Listings courtesy of Canopy MLS as distributed by MLS GRID NCCANOPY
4
out of 5

Cornelius Elementary
Public
School Grade Level K-5
School Students 650 students
School Teachers 18 student/
teacher
5
out of 5

Bailey Middle
Public
School Grade Level 6-8
School Students 1710 students
School Teachers 20 student/
teacher
5
out of 5

William Amos Hough High
Public
School Grade Level 9-12
School Students 2722 students
School Teachers 16 student/
teacher

Source: ATTOM

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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC