Charlotte · Charlotte, NC
401 Orchard Trace Lane #8
Charlotte, NC · 853 sqft
$89,900
- 2Beds
- 1Baths
- 853SqFt
- 1974Year
- 1Days on market
About this home
This upper-level unit in Orchard Trace Condos presents an excellent investment opportunity in a prime Charlotte location. Inside, the two-bedroom layout is highly practical, offering a spacious primary bedroom with a large walk-in closet, plus dedicated coat and linen closets for plenty of storage. The kitchen comes equipped with a handy pantry, and the main living area opens directly to a private balcony featuring an extra storage closet. Located just half a mile from the light rail, commuting and exploring the city is entirely effortless. Whether you are looking to add to your rental portfolio or find an affordable property to renovate and make your own, this condo offers unbeatable convenience and potential. Sold as is
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 853
- Lot
- —
- Year built
- 1974
- Type
- Condo
- Days on market
- 1
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Slab
- Flooring
- Carpet, Vinyl
- HOA dues
- $258 / mo
Features
- Walk-In Closet(s)
- Walk-In Pantry
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$919/ month
- Principal & interest
- $556
- Property tax (~1.05%)
- $78
- Homeowners insurance
- $26
- HOA dues
- $258
Down payment
$4,495 down · $85,405 financed
Income to qualify (28% rule)
~$39,414 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
