112 Academy Nw Avenue, Concord, NC 28025
- $160,447
- 2
- BD
- 1
- BA
- 932
- SqFt
Listing courtesy of Branch Wealth Partners, LLC. christina@branchwealthpartners.com
- List Price
- $160,447
- Status
- ACTIVE
- Days on Market
- 67
- Price Change
- ▼ $14,550 1783621100
- MLS#
- 4384073
- Style
- Bungalow, Cottage, Ranch, Traditional
- Year Built
- 1965
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 932
- Lot Size
- 7,100
- Acres
- 0.16
- Neighborhood
- No Neighborhood
Property Description
Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
Additional Information
- Property Description
- Bungalow, Cottage, Ranch, Traditional
- Zoning
- RC
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Oven, Refrigerator, Washer, Washer/Dryer
- Heating
- Heat Pump
- Air Conditioning
- Window Unit(s)
- Exterior Construction
- Site Built
- Levels
- One
- Roof
- Architectural Shingle
- Foundation
- Crawl Space
- Parking
- Attached Carport, Driveway
- Elementary School
- Coltrane-webb
- Middle School
- Concord
- High School
- Concord
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