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Friday, January 1, 2010

Build Your Passive Income Using These Charlotte Locations

By Samantha Preston

There are some areas that are booming in terms of real estate deals and potential. One of these happens to be Charlotte in North Carolina. Given the buzz in the property market about the city, we would like to present some info on the hottest areas in town, from the perspective of both commercial as well as residential areas:

Uptown

This locality is very appropriately named as it represents one of the more upscale and quite posh areas of Charlotte investment property with quite a few splendid properties that you can choose from. Uptown is quite the hub of commercial and government activity, with its many skyscrapers and with many of the municipal and government offices being located here. It is also an excellent nightspot with some of the choicest restaurants, bars and other avenues of quality nightlife being present here. The area is booming in terms of constructions as it hums with so much culture centric, retail shopping themed and residential construction activity. Uptown is also distinguished by the fact that it contains many of the banking and service corporations of the city.

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

Madison Park has a history dating back to the 19th century and offers some lessons in racial harmony. Back then, whites and blacks used to stay in the same block, something which changed in the 20th century owing to racial segregation. In recent times however, the racial segregation has been on the wane making it a popular choice for Charlotte investment property.

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

Located a few miles to the south of the upscale Uptown, Dilworth has East Boulevard as its main street. This area has some of the choicest restaurants and delightful boutiques to charm the most avid of shoppers. This is also a wonder amalgamation of tradition and modernity with stylish new homes located check by jowl with splendid and well maintained older homes. Makes you feel in touch with the old and the new all at once. - 23305

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