2909 Burgess Drive, Charlotte NC
- 24 Bed
- 24 Bath
- 5532 ft2
- 0.8 ac
For Sale $2,000,000
Remarks:
Charlotte, NC 12-Unit Townhome Community with Immediate Value-Add Upside: Twelve-unit townhome community comprised entirely of 2-bedroom/1.5-bath units with 10 of 12 units fully renovated to a modern finish level. Two recently renovated vacant units represent immediate lease-up upside, while two below-market occupied units at $995 provide a clear runway to capture additional rent growth upon turn. The highest achieving in-place rent of $1,535 establishes a proven rent ceiling with a direct path to full stabilization. Premium Location: 2 miles from Lower South End (LoSo), Charlotte's emerging hub of breweries, restaurants, retail, and light rail access, home to major employers including Lowe's Tech Hub, USAA, and LendingTree. 2.5 miles from South End, one of Charlotte's most nationally recognized and vibrant live-work-play corridors. 4 miles from Uptown Charlotte, the region's central business district and primary employment core. 4.5 miles from Charlotte Douglas International Airport, the seventh-busiest airport in the world, and a top-three driver of corporate relocation and expansion in the Charlotte region. Premium Interior Renovation Package: Renovated units feature granite countertops, LVP flooring, new carpet, new cabinets, new appliances, vanities, updated modern lighting and fixtures, and washer/dryer connections, a finish level that commands premium rents and supports durable tenant retention in the Charlotte workforce housing segment. Exterior Capital Investment: Property received a full exterior refresh and, in 2023, a complete siding and trim replacement, supporting strong curb appeal and reduced near-term capital requirements for an incoming investor. Attractive All-Townhome Unit Mix: Exclusively 2-bedroom/1.5-bath two-story townhome floor plans offering renters added privacy, functional layouts, and a more residential living experience than traditional apartment product, a highly desirable configuration in the Charlotte rental market that supports strong leasing velocity and tenant retention.
General Information:
| List Price: | $2,000,000 |
| Status: | For Sale |
| Bedrooms: | 24 |
| Type: | Townhouse |
| Approx Sq. Ft.: | 5532 sqft |
| Parking: | Assigned |
| MLS Number: | CAR4361886 |
| Subdivision: | Reid Park |
| Bathrooms: | 24 |
| Year Built: | 1970 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Reid Park |
| Middle: | J.W. Wilson |
| High: | Harding University |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 04-26-2026 | Listed | $2,000,000 | $362 |
| 03-27-2026 | Listed | $334,900 | $61 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Barringer Academic Center | 1 miles | KG-05 | 5 |
| The Military and Global Leadership Academy at Marie G. Davis | 2 miles | KG-06 | 3 |
| Aristotle Preparatory Academy: A Challenge Foundation Academ | 2 miles | KG-06 | 2 |
| Ashley Park PreK-8 School | 2 miles | PK-05 | 1 |
| Invest Collegiate Transform | 2 miles | KG-06 | 2 |
| Collinswood Language Academy | 2 miles | KG-06 | 9 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 2909 Burgess Drive, Charlotte NC | 0 mi | $2,000,000 | days | |
| 1104 Wonder Way, Charlotte NC | 0.3 mi | $320,000 | days | |
| 3018 Reid Avenue, Charlotte NC | 0.3 mi | $325,000 | days | |
| 3020 Reid Avenue, Charlotte NC | 0.4 mi | $325,000 | days | |
| 4033 Tyvola Road, Charlotte NC | 0.4 mi | $425,000 | days | |
| 4112 Auburn Oak Lane, Charlotte NC | 0.5 mi | $319,990 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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Mortgage Calculator
| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28208
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Andrew Reed Properties, LLC
2909 Burgess Drive, Charlotte NC is a 5532 ft2 on a 0.760 acres Appraisal lot. This is for $2,000,000. This has 24 bedrooms, 24 baths, and was built in 1970.
Based on information submitted to the MLS GRID as of 2026-04-26 11:40:27 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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