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1530 Hawthorne Lane, Charlotte, North Carolina 28205
$
1550
Bedrooms
1
Utilities Included
No
Bathrooms
1
Furnished
No
Available to Lease on
ASAP
Property Type
Apartment
SQFT
650
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Key metrics
Rent
$
1550
Monthly Estimated Profit?
$
1,891
Annual Estimated Profit?
$
22,692
Acquisition Fee
$
2,500
Security Deposit
$
1,550
Average Daily Rate
$
155
Occupancy
72%
Annual Revenue
$
41,292
Key Features

Property Description:

The Flats @ Hawthorne Lane is a 12-unit apartment community located in Plaza Midwood, Charlotte, NC. Originally built in the 1960s, each flat has been fully renovated with a modern design while maintaining its original charm. These walkable, boutique-style flats offer a unique living experience without the feel of a large apartment complex.

Property Features:

  • 1-Bedroom, 1-Bathroom Flats
  • Washer & Dryer Included
  • Ring Doorbell & Simply Safe Security System
  • Electric Keypad Entry for Secure Access
  • HVAC Units in Family Room & Bedroom
  • Water Included in Rent

Nearby Attractions & Accessibility:

  • Located in Walkable Plaza Midwood
  • Close to Shops, Restaurants, and Entertainment

Rental Terms & Fees:

  • Lease Term: 12 Months
  • Application Fee: $100
  • Water Paid by Landlord

STR Regulations Summary:  

Status:
Mixed

View Regulations Here

  1. Zoning Permit: All STR operators, including non-owner occupied properties, must obtain a zoning permit from the City of Charlotte16. This permit needs to be renewed annually, and the permit number must be displayed in all rental advertisements1.
  2. Business License: Non-owner occupied STR operators must register their rental business with the City of Charlotte and obtain the necessary business licenses12. This process involves providing detailed information about the property, owner, and intended use of the STR.
  3. Occupancy Limits: Charlotte has set clear occupancy limits for vacation rentals. The general rule is that overnight occupancy cannot exceed 2 persons per bedroom plus 4 additional persons, with a total maximum of 12 persons5.
  4. Zoning Restrictions: Some residential zones may prohibit non-owner occupied STRs entirely, while others may allow them with specific conditions or limitations1. It's crucial to review the zoning regulations for the property's specific location.
  5. Record Keeping: STR hosts are required to maintain a list of all lodgers for at least 3 years1.
  6. Special Events: In residential areas, STR properties are not allowed to host special events or gatherings on the premises1.
  7. Compliance: Non-owner occupied STR operators must ensure compliance with all applicable state and local laws, including fire and building codes, housing codes, and the payment of occupancy and sales taxes18.

Property Location

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