Price improvement. New home built in 2023 in the heart of Concord. Move in ready duplex 3 bedrooms 2 1/2 baths on an each side. House sits on flat wooded lot at the end of a culdesac. Granite countertops, stainless steel appliances, spacious living areas and sizable bedroooms make this a tremendous opportunity for savvy investors or a home owner that would like to rent out the second unit. Close to downtown Concord shopping, restaurants, bus stops, and entertainment. Short commute to Charlotte, and Kannapolis.
Great investment opportunity! If you're looking to start or add to your real estate portfolio here is a property in fast growing Concord. Situated on .63 acres just 3 miles from downtown Concord is a renovated quadplex, which contains 4 spacious 2 bed, 1 bath units. This is an ideal purchase for the next investor due numerous updates which include: roof, vinyl siding, kitchen cabinets, appliances, LVP flooring, and more (2019 & 2020). Crawl space work and moisture barrier, sub flooring for bottom 2 units (2023). New HVAC for the 2 downstairs units (2023). Also includes additional storage building for tenant to rent for additional storage and income. All units rented for $1050 per mo. The rents should be $1250 + per mo. All have leases that end at different times. All renters are current have been paying on time. Please DO NOT DISTURB TENANTS. No showings until accepted offer per seller.
This investment opportunity located in an opportunity zone consists of one Studio Unit, four Two-Bedroom and One-Bathroom Units, and one Three-Bedroom and One-Bathroom Unit, situated on .35 +/- Acres. Located in the Charlotte MSA, this investment benefits from the rapid growth and development of the thriving Concord community and it is an ideal choice for investors looking to capitalize on the area's dynamic economic landscape. New Roof 2021, PEC updated 2021, 2022 Renovations Include: Paint, Flooring, New plumbing, HVAC's Replaced, Electric, Separately metered, Gas for the whole property on one, 5 parking lot spots, Street parking.
2.25 acres of income producing property! Three homes and three buildings all currently leased for a total of $7150 per month allows you to make money while you run your business. The two homes at the front of the property are on city water/sewer. The manufactured home and one of the buildings are on city water and share a septic system. There are also two wells on the property. Convenient to I-85, 73, 29 & 601. Currently zoned RM-2 and approved as 2 landscaping business and 1 HVAC business are grandfathered as nonconforming use. Could be a great tract for a small single family development, or can remain a landscaping/irrigation business along with the rentals. Please do not disturb tenants.
Concord is located in North Carolina. Concord, North Carolina has a population of 87,607. Concord is more family-centric than the surrounding county with 39.06% of the households containing married families with children. The county average for households married with children is 37.55%.
The median household income in Concord, North Carolina is $60,238. The median household income for the surrounding county is $60,716 compared to the national median of $57,652. The median age of people living in Concord is 35.7 years.
The average high temperature in July is 90.8 degrees, with an average low temperature in January of 28.5 degrees. The average rainfall is approximately 44.1 inches per year, with 3.7 inches of snow per year.