Bungalow, Cottage, Ranch, Traditional

112 Academy Avenue NW

Concord, NC 28025

MLS#: 4384073

$199,000

Status: Active
Listing number: 4384073
Listing provided by: Branch Wealth Partners, LLC
Listing agent phone: None
Last update: 5 days ago
On site: 6 days ago
Browse Properties
None - Residential

Property

Beds

2

Full Baths

1

1/2 Baths

None

Year Built

1965

Sq.Footage

998

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!

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    1

  • Above Grade Finished Area

    998.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Heat Pump

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Parking

    Attached Carport, Driveway

  • Pool

    No

Area & Lot

  • Lot Features

    Corner Lot

  • Property Type

    Residential

  • Property Sub Type

    Single Family Residence

  • Architectural Style

    Bungalow, Cottage, Ranch, Traditional

Price

  • Sales Price

    $199,000

  • Sq. Footage

    998

  • Price/SqFt

    $199

HOA

  • Association

    No

School District

  • Elementary School

    Coltrane-webb

  • Middle School

    Concord

  • High School

    Concord

Property Features

  • New Construction

    NO

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Cabarrus

Elementary School

Coltrane-webb

Middle School

Concord

High School

Concord

Listing Courtesy of Christina Wright , Branch Wealth Partners, LLC

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Agent Zaneta Mowatt

Agent

Zaneta Mowatt

Call Zaneta today to schedule a private showing.

(704) 904-7596

(803) 395-8684

zaneta@prestinoadvantage.com


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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!

112 Academy Avenue NW

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