427 A Arbor Drive, Waxhaw, NC 28173

Waxhaw
Local realty services provided by:ERA Sunburst Realty
Listed by: megan banks
Office: david hoffman realty charlotte
MLS#:4415402
Source:CH
427 A Arbor Drive,Waxhaw, NC 28173
$575,000
  • 6 Beds
  • 6 Baths
  • 2,640 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$575,000
  • Price per sq. ft.:$217.8

About this home

Rare opportunity to acquire a newer-construction, fully occupied duplex in the heart of downtown Waxhaw. Built in 2022, this two-unit property offers approximately 2,624 total square feet, with each residence providing three bedrooms, two-and-a-half baths and approximately 1,320 square feet. Both units feature open-concept main-level living, modern finishes, granite countertops, shaker-style cabinetry, durable laminate flooring on the main level, carpeted bedrooms upstairs, washer/dryer connections and driveway parking. The location is convenient to downtown Waxhaw shopping, dining and community amenities, with the Waxhaw Library just around the corner. Both residences are currently leased at $1,750 per month, producing $3,500 in gross monthly scheduled rent and $42,000 in gross annual scheduled rent. At the $575,000 asking price, that represents an approximate 7.30% in-place gross yield before operating expenses. Gross yield is not a cap rate and does not deduct taxes,...

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Home facts

  • Year built:2021
  • Subdivision & Development:None
  • Listing ID #:4415402
  • Updated:October 09, 2026 at 01:25 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:4
  • Half bathrooms:2
  • Flooring:Carpet, Laminate
  • Kitchen Description:Dishwasher, Electric Range, Microwave
  • Living area:2,640 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Heat Pump
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2021
  • Building area:2,640 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Sloped
  • Architectural Style:Arts and Crafts
  • Construction Materials:Fiber Cement
  • Foundation Description:Crawl Space

Schools

  • High school:Parkwood
  • Elementary school:Waxhaw

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$575,000
  • Price per sq. ft.:$217.8

Features and amenities

  • Laundry features:Main Level
  • Amenities:Open Floorplan

Parking

  • Parking description:Driveway
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