Posts Tagged ‘tips on investment property’

Build Your Passive Income Using These Charlotte Locations

Saturday, December 26th, 2009

There is quite a great deal of interest among investors about Charlotte investment property, in North Carolina. While curiosity is fine, it fuels a lot of questions as to what could be the kind of property types that are available. Here is some information about interesting spots and lucrative real estate deals in Charlotte for the benefit of those who want it.

Uptown

Uptown is largely shiny, new and bank-oriented. In the past few years, North Tryon and North College streets have become weekend nighttime hot spots, with restaurants, bars and trendy/artsy clubs. Uptown features most of the city’s skyscrapers, plus headquarters for both city and county government. Uptown is in the midst of a developmental boom, with numerous construction, retail and cultural projects. Uptown comprises Charlotte’s largest and most populous business sector and is largely made up of banking and other financial service industries.

SouthPark

SouthPark, ten minutes from Center City, had its major growth in the 1960’s through the 1980’s and, as a consequence, most of the homes feature traditional floor plans and exteriors. Here you will find some of the last ranch style homes built in quantity in Charlotte. South Charlotte which is loosely defined as anything south of Uptown extending into neighboring Union and York counties has seen the most growth in the Charlotte area of late. With new construction occurring, new shopping centers and schools are flying up as well.

Madison Park

Housing should be separate from business which in turn should be separate from industry. Black people and white people, who had often lived together on the same block in Charlotte and other southern cities throughout the nineteenth century, for the first time began to be segregated into distinct neighborhood in the twentieth century. This created a diversity of neighborhoods that can be seen today as different ethnicities again live side by side. Housing cost in the 1950’s constructed neighborhood is generally more affordable then the neighborhoods that surround it. Today, say Madison Park to a city realtor and watch their eyes light up.

Madison Park is another locality that holds a great deal of promise in terms of residential property. It has quite a few multi as well as single family residences that it can rightfully be proud of. Property and real estate dealers can scarcely hide their excitement about Madison Park on account of the many attractive property options that it readily offers. There are so many condos, apartments, patio homes and also town homes that you can choose from. It is no wonder that so many college students and also young professionals are flocking to Madison Park looking out for reasonably priced yet livable accommodation.

Dilworth

Dilworth is well known for East Boulevard, which is easily it principal attraction. The area is located south of Uptown and has wonderful boutiques and some of the best restaurants in town. There is no wonder that it is a shopper’s paradise. Dilworth seamlessly blends the old with the new as it brings to the forefront smart, functional new style homes that lie just adjacent to charming old buildings.

Samantha Preston is a real estate investor who enjoys Charlotte rental property. Her specialty is real estate in North Carolina.

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