The Uptown housing market is booming, but if you feel your budget is a bust and you couldn’t possibly live Uptown then you might want to take a look at Fifth & Poplar in the beautiful Fourth Ward.
Wouldn’t living within walking distance to work, professional sporting events and countless fine restaurants improve your quality of life?
Fifth & Poplar is in a fantastic location just 2 blocks from Trade and Tryon. It is within walking distance of EpiCentre, Bank of America Stadium, Knights Stadium, Time Warner Cable Arena, Discovery Place and everything in between! Lynx light rail makes the entire Uptown and South End accessible from Fifth & Poplar.
Fifth & Poplar’s center courtyard offers a little green space, but Fourth Ward Park is just across the street, and Romare Bearden Park is just 3 blocks away near Knights Stadium. Additionally, Fourth Ward is very walkable and full of restored Victorian homes and beautiful scenery.
Prior to being the 300 condominium units it is today, Fifth & Poplar was a rental apartment building. The 8-story building, which wraps around the perimeter of the entire block, was converted to condos in 2006.
The 1-acre space in the middle of the block has a pool, green space and putting green for resident use.
Everyday amenities are as simple as walking downstairs where there is Uptown’s only Harris Teeter grocery store, as well as a salon and spa, dry cleaner and nail salon. The building also has building-wide Wifi service and a cyber cafe with brewed Starbucks and 24-hour fitness center. There is also full-time maintenance staff and concierge.
All residences have sizeable balconies from which residents can enjoy views of the city scape. Most residences have been upgraded with newer kitchens and baths since original construction. Hardwood floors, granite counters and stainless steel appliances are standard in most residences.
Studio homes in Fifth & Poplar start in the $100,000, and prices exceed $1 million for penthouse units. Square footages range from 550 square feet to 2,400 square feet.
A total of 31 residences sold in Fifth & Poplar during the last 12 months for an average sales price of $264,941 and more than $273 per square foot. Sales closed at about 97.5% of list price.
There are currently 11 Fifth & Poplar units for sale, 6 of which are under contract as of April 30. Five of the residences for sale are more than 1,000 square feet.
Current market inventory of Fifth & Poplar residences for sale is 4.3 months, which is slightly less than total inventory levels for Charlotte.
For Uptown pet lovers, Fifth & Poplar allows 2 pets per unit. There is a small dog park area in the courtyard and mulched areas around the building for walking pets.