REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,595,000
Est. payment /mo
0.69 Acres Lot
UPDATED:
10/23/2024 12:26 AM
Key Details
Property Type Commercial
Sub Type None
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 4186472
Year Built 1999
Lot Size 0.690 Acres
Acres 0.69
Property Description
Exceptional Investment Opportunity! This 10-unit apartment complex in the heart of Concord features 2-bedroom, 1-bathroom units, each approximately 800 sq. ft. Eight of the units have been fully renovated with luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern cabinetry. Upper units boast new decks, while lower units offer private patios, enhancing tenant satisfaction. The remaining two units, one partially renovated and the other leased month-to-month, provide immediate value-add potential. Located in a prime area near shopping, dining, and major highways, this well-maintained complex offers stable cash flow with room for rental growth. Don't miss this turnkey investment in Concord’s high-demand rental market!
Location
State NC
County Cabarrus
Zoning RC
Interior
Flooring Vinyl
Inclusions Building, Land
Appliance Bar Fridge, Dishwasher
Exterior
Fence Partial
Parking Type Parking Lot
Total Parking Spaces 20
Building
Lot Description Open Lot
Dwelling Type Site Built
Sewer Public Sewer
Water City
Structure Type Wood
New Construction false
Others
Senior Community false
Special Listing Condition None
Read Less Info
© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Paige Greenwald • Redwood Realty Group LLC • paige@greenwaldandco.com