2909 Burgess Dr, Charlotte, NC, 28208
About This Home
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.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1970
Materials
- Foundation: Slab
- Construction materials: Vinyl
Type & Style
- Home type: Townhouse
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Other
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup
Basement
- Basement: Other
Bathroom Full
- Level: Upper
Bathroom Half
- Level: Main
Bedroom S
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 24
- Bathrooms: 24
- Full bathrooms: 12
- 1/2 bathrooms: 12
Features
- Finished area below ground: 0
- Finished area above ground: 11,064
Heating & Cooling
- Heating features: Baseboard,Electric
- Cooling features: Electric,Window Unit(s)
Interior Area
- Total structure area: 11,064
- Total interior livable area: 11,064 sqft
Primary Bedroom
- Level: Upper
Property
Details
- Parcel number: 14523309
- Zoning: R4
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Lower
Lot
- Lot size: 0.76 Acres
Parking
- Parking features: Assigned
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Mecklenburg County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,113 | $121,356 |
| Home Insurance * | $713 | $8,556 |
| Property Taxes | $1,144 | $13,728 |
| Electricity | $1,030 | $12,366 |
| Total | $13,000 | $156,000 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-30 | Listed for sale | $2,000,000 |
| 2019-10-04 | Sold | $560,000 |
| 1999-06-16 | Sold | $204,000 |
For Sale by Agent
View on Zillow