CASH COW! This property makes a gross profit of $28,980 per year!!! All units have been FULLY renovated. This property is perfect for a "house hacker" or an investor looking to add to their portfolio. This type of DUPLEX is hard to find in such amazing shape with stable market rents. The pictures were taken before the tenants moved in. Last inspection showed the properties in still in great condition. PLEASE DO NOT WALK PROPERTY OR DISTURB TENANTS. NO SHOWINGS UNTIL CONTRACT IS ACCEPTED. Measurements per tax records, official measurements coming soon.
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.
The median home value in Concord, NC is $345,000. This is lower 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 $345,000. 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 28025 has a population of 102,566. Concord 28025 is less family-centric than the surrounding county with 33.64% 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 28025 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 28025 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.