Turn-key investment opportunity close to downtown Concord in the Brookwood community. Eight units completely renovated and improved with a modern Old English touch. Exterior freshly painted and parking lot recently resealed and striped. Seven of eight units currently leased, with the eighth listed for lease. Excellent income potential with property management company in place for a seamless transition should buyer so choose. Each unit has laundry in kitchen, and outside storage closet. Off street parking and all units individually metered for power and water. Trash and landscaping is landlord cost.
Charming Duplex with Great Potential–This Inviting Duplex Offers A Spacious 2-Bedroom, 1-Bathroom Layout on Each Side, Featuring Open-Concept Living Spaces that Blend the Kitchen, Dining, & Living Areas Seamlessly. Both units boast Generously-Sized Bedrooms, Providing Comfort & Privacy, Ideal for Relaxing or Entertaining. Recent Updates Include New Formica Countertops with Sleek Quartz-like Finish in Both Kitchens, Along with New Carpet in Bedrooms & New LVT Flooring-Throughout the Main Living Areas. Unit 373 has Freshly Painted Interior Walls & Ceilings, while Unit 375 Features Recently Painted Walls. Each Unit has Been Thoughtfully Adorned with Tasteful, Modern Color Schemes that Enhance Cozy, Well-Cared-for Appeal. Excellent Opportunity:Perfect for Owner-Occupant Looking to Live in One Side While Renting Out the Other, or an Investor Seeking to Rent Both Units for Steady Income.
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.
The median home value in Concord, NC is $387,250. This is higher than the county median home value of $353,200. The national median home value is $338,100. The average price of homes sold in Concord, NC is $387,250. Approximately 61.08% of Concord homes are owned, compared to 25.44% rented, while 13.48% are vacant. Concord real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Concord real estate agent to arrange a tour today!
Concord, North Carolina has a population of 102,566. Concord is more family-centric than the surrounding county with 36.41% of the households containing married families with children. The county average for households married with children is 35.91%.
The median household income in Concord, North Carolina is $78,775. The median household income for the surrounding county is $75,765 compared to the national median of $69,021. The median age of people living in Concord is 37.7 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 28.7 degrees. The average rainfall is approximately 44.3 inches per year, with 3.5 inches of snow per year.