With the luxury apartment market in Charlotte booming, living near uptown is getting more and more expensive. But there are still some condos uptown where buying may prove to be more affordable on a monthly basis than renting, especially for people who care about an ultra-central location more than square footage.
Priced between $169,000-$189,000, a mortgage at one of these three properties would run about $600-800 per month, depending on your credit and down payment.
Factor in another $150-200 for HOA dues, and you’re looking at $750-$1,000 a month, easily half of what many uptown dwellers are paying in rent.
For many younger and first-time buyers, of course, the down-payment can be a hurdle, part of why urban living in Charlotte is becoming synonymous with “gets financial support from parents.”
505 E 6th St UNIT 717, Charlotte, NC 28202
- Specs: 1 bed, 1 bath, 584 sq. ft.
- List: $189,700. Shane McDevitt, The McDevitt Agency, (704) 333-2475. [Update, now under contract]
- HOA: $145/month
- Noticed for: In a tiny space like this, the 13.6ft x 11.6ft terrace serves as a bonus room when the weather is nice.
- Complex: Courtside
Via listing: “Highly sought after floor plan featuring an outdoor “living room”! 13.6ft x 11.6ft terrace is great for entertaining. Features SS appliances, bamboo flooring, granite countertops, tiled walk-in shower, built-in bookshelves, and more.” Shane McDevitt, The McDevitt Agency, (704) 333-2475
525 E 6th St UNIT 413, Charlotte, NC 28202
- Specs: 1 bed, 1 bath, 509 sq. ft.
- List: $164,900. Eric Liebich, Dane Warren Real Estate, (704) 814-9900.
- HOA: $150/month
- Noticed for: Built-in desk; pretty set of tall windows
- Complex: Court 6 Condos
via listing: “Tons of natural light w/ floor to ceiling windows in the living room of this 4th floor unit around the corner from newly built First Ward Park. Less than a 5min walk to TWC Arena, Epicenter / Center City, Lynx Blue Line, and UNCC Uptown. Unit features bamboo floors, granite counter-tops, and SS appliances. Large walk-in closet connected to master bath and bedroom.”
761 Garden District Dr., # 4315, Charlotte, NC 28202
- Stats: 1 bed, 1 bath, 822 sq. ft.
- List: $185,000. Charlotte Living Realty has the listing, Charlotte Living Realty, (704) 572-7327 .
- HOA: $205/month
- Noticed for: At 822 sq. ft., it’s by far the biggest of the bunch
- Complex: Tivoli
via listing: “Great views from this top floor oversized open floor plan, end unit. Brand new floors and just painted throughout, so all you have to do is move in. Granite countertops, rubbed oil bronze fixtures and pulls, custom lighting and hardwood floors. Ceramic tile in the bathroom, all appliances, neutral paint colors and design and assigned parking.”
Real estate tips? If you know of any unusual, interesting or perfect properties for sale or rent, let me know, [email protected]. Thanks!
