Description
100% occupied with a current rent roll of $186, 840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.
Address
Open on Google Maps-
Address: 49 Corban SW Avenue
-
City: Concord
-
State/county: NC
-
Zip/Postal Code: 28025
Details
Updated on May 27, 2026 at 5:21 pm-
Property ID 4382158
-
Price $1,900,000
-
Property Size 9216 m²
-
Bedrooms 14
-
Bathrooms 14
-
Garage 1
-
Year Built 1927
-
Property Type Apartment, Residential Income
-
Property Status Active, For Sale
Additional details
-
Roof Architectural Shingle, Rubber
-
Sewer Public Sewer
-
Cooling Window Unit(s)
-
Heating Natural Gas, Other - See Remarks
-
County Cabarrus
-
Property Type Residential Income
-
Parking Parking Lot
-
Elementary School Unspecified
-
Middle School Unspecified
-
High School Unspecified
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
3340 Silver Stream Road, Charlotte, North Carolina 28226
3340 Silver Stream Road, Charlotte, NC 28226, Charlotte, NC- Beds: 3
- Baths: 3
- Apartment, Residential Lease
2501-3 Vail Avenue Unit 3, Charlotte, North Carolina 28207
2513 Vail Avenue, Charlotte, NC 28207, Charlotte, NC- Beds: 2
- Bath: 1
- Apartment, Residential Lease
200 Daniel Drive, Hendersonville, North Carolina 28739
200 Daniel Drive, Hendersonville, NC 28739, Hendersonville, NC- Beds: 2
- Baths: 2
- Apartment, Residential Lease
1300 Main Street Unit 6, Mount Holly, North Carolina 28120
1300 Main Street, Mount Holly, NC 28120, Mount Holly, NC- Bed: 1
- Bath: 1
- Apartment, Residential Lease
- The Simpson Group Realty