112 Academy AVE NW, Concord, NC 28025
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112 Academy AVE NW, Concord, NC 28025
112 Academy AVE NW, Concord, NC 28025
112 Academy AVE NW, Concord, NC 28025
112 Academy AVE NW, Concord, NC 28025
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$ 199,000
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112 Academy AVE NW Concord, NC 28025

2 Beds

1 Bath

998 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 998 sqft

Price per Sqft $199

MLS Listing ID 4384073

Style Bungalow,Cottage,Ranch,Traditional

Bedrooms 2

Full Baths 1

Abv Grd Liv Area 998

Year Built 1965

Lot Size 7,100 Sqft

Acres 0.163

Property Sub-Type Single Family Residence

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!

Location

State NC

County Cabarrus

Zoning RC

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 2

Interior

Heating Heat Pump

Cooling Window Unit(s)

Flooring Carpet, Laminate

Fireplace false

Appliance Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Exhaust Hood, Oven, Refrigerator, Washer, Washer/Dryer

Laundry Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup

Exterior

Carport Spaces 1

Fence Partial

Utilities Available Cable Connected

Roof Type Architectural Shingle

Street Surface Concrete,Paved

Garage false

Building

Lot Description Corner Lot

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Architectural Style Bungalow, Cottage, Ranch, Traditional

Level or Stories One

Structure Type Aluminum

New Construction false

Schools

Elementary Schools Coltrane-Webb

Middle Schools Concord

High Schools Concord

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease


Listed by Christina Wright • Branch Wealth Partners, LLC • christina@branchwealthpartners.com

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Shane Greene

+1(828) 612-2757

shane@faithparkerproperties.com

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112 Academy AVE NW