x
Showing 1 of 0
X
Save

2909 Burgess Drive
Charlotte NC 28208 US

$2,000,000

Active Listing ID 4361886
bed icon
24 bed
bath icon
24.00 Bath (12 Full , 12 Half)
lot icon
Lot: 0.76 Acres
home icon
Townhouse

$2,000,000

Active Listing ID 4361886
Save

2909 Burgess Drive 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.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.76 Acres
  • Property Type: Residential
  • Property Sub-type: Townhouse
  • Features
  • Full Bathrooms: 12
  • 1/2 Bathrooms: 12
  • Cooling System: Window Unit(s), Electric
  • Heating Fuels: Baseboard, Electric (Heating)

School Information

  • School
  • Reid Park(Elementary)
  • J.W. Wilson(MiddleSchool)
  • Harding University(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Townhouse
  • listprice: 2000000
  • unparsedaddress: 2909 Burgess Drive
  • postalcity: Charlotte
  • stateorprovince: NC
  • country: US
  • postalcode: 28208
  • bathroomsfull: 12
  • bathroomshalf: 12
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.76
  • lotsizeunits: Acres
  • lotsizearea: 0.76
  • livingarea: 11064
  • livingareaunits: Square Feet
  • latitude: 35.207825
  • longitude: -80.904632
  • listagentfullname: Jeff Shugarts Jr
  • listagentemail: jshugarts@usdevelopments.com
  • listagentkey: 3yd-CMLSNC-R60201
  • listagentmlsid: R60201
  • listagentpreferredphone: 8325151289
  • listagentofficephone: 8325151289
  • listofficekey: 3yd-CMLSNC-13862
  • listofficemlsid: 13862
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1970
  • listingcontractdate: 2026-03-30
  • countyorparish: Mecklenburg
  • parcelnumber: 14523309
  • elementaryschool: Reid Park
  • highschool: Harding University
  • cooling: Window Unit(s), Electric
  • constructionmaterials: Vinyl
  • heating: Baseboard, Electric (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Assigned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 19, Bathroom 16, Bedroom 6, Bedroom 4, Bathroom 2, Bedroom 12, Bathroom 20, Bathroom 4, Bathroom 21, Bedroom 21, Bedroom 14, Bathroom 1, Bathroom 12, Bathroom 14, Bathroom 3, Bathroom 8, Bathroom 9, Bedroom 8, Bathroom 19, Bedroom 10, Bedroom 2, Bedroom 22, Bathroom 6, Bathroom 22, Bathroom 23, Bedroom 5, Bathroom 7, Bedroom 11, Bathroom 10, Bathroom 18, Bedroom 20, Bathroom 15, Bedroom 23, Bathroom 13, Bedroom 9, Bathroom 17, Bedroom 17, Bedroom 3, Bedroom 13, Bathroom 5, Bedroom 15, Bedroom 24, Bedroom 7, Bedroom 1, Bathroom 11, Bedroom 16, Bedroom 18, Bathroom 24
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.90463, 35.207825
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Andrew Reed Properties, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"jshugarts@usdevelopments.com", "ListBrokerageCity":"Charlotte", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Andrew Reed Properties, LLC", "ListBrokeragePhone":"7045764322", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"5925 Carnegie Blvd Ste 200", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"5925 Carnegie Blvd Ste 200 ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"13862", "ListOfficeCity":"Charlotte", "ListOfficeCountry":"USA", "ListOfficeEmail":"krosenburgh@usdevelopments.com", "ListOfficePostalCode":"28209", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"TOWNHOME - Charlotte, NC", "ListingURL":null, "MLSModificationTimestamp":"2026-03-31 18:16:05", "Neighborhoods":[{"Description":null, "Name":"Reid Park"}], "PostalCode":null, "RoomCount":4, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"L5 & L7 BB M5-448", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/31/2026 6:40:33 PM GMT
Source Updated Date: 4/1/2026 6:59:59 PM GMT

Courtesy of: Jeff Shugarts Jr, Andrew Reed Properties, LLC, jshugarts@usdevelopments.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.