- ERA
- North Carolina
- Charlotte
- 1917 Pegram Street
1917 Pegram Street, Charlotte, NC 28205
Local realty services provided by:ERA Live Moore
Listed by: peter rieke
Office: coldwell banker realty
MLS#:4333674
Source:CH
1917 Pegram Street,Charlotte, NC 28205
$1,175,000
- 8 Beds
- 8 Baths
- 3,584 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,175,000
- Price per sq. ft.:$327.85
About this home
Nestled in the heart of Charlotte’s vibrant Villa Heights neighborhood, 1917 Pegram Street presents a rare and compelling investment opportunity. Just a short walk from the bustling NODA district, residents enjoy immediate access to Charlotte’s premier nightlife, restaurants, breweries, and the Lynx Blue Line, making this location highly desirable for both short-term and long-term tenants.
The building underwent a complete renovation in 2020, transforming it into a modern, turnkey set of residences. Each unit is thoughtfully outfitted with a full appliance package, including stackable washer/dryer units, ensuring convenience and comfort for tenants. The interiors are fully furnished, reflecting the properties’ history as corporate short-term rentals for the past five years. This setup allows a new owner to seamlessly continue short-term operations or pivot to long-term leasing strategies.
The exterior spaces are equally appealing, featuring green space shaded by mature trees and a fenced-in dog/play park, enhancing the livability and charm of the community. With all units vacated intentionally at the end of October 2025, the property offers a clean slate for investors to place vetted tenants on their own terms, maximizing rental income and operational control.
The attached income evaluation of this portfolio is based on a Pro Forma financial model for long-term rentals, which outlines the income potential and projected returns. Given the property proximity to downtown Charlotte, and the ever-growing popularity of NODA, there is significant upside potential. Whether continuing with furnished short-term rentals or transitioning to long-term leases, this quadraplex is a strategic acquisition for investors seeking growth, flexibility, and location-driven value.
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Home facts
- Year built:1969
- Listing ID #:4333674
- Updated:February 02, 2026 at 02:10 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:8
- Full bathrooms:4
- Half bathrooms:4
- Living area:3,584 sq. ft.
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1969
- Building area:3,584 sq. ft.
- Lot area:0.26 Acres
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,175,000
- Price per sq. ft.:$327.85
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