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!
Address
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Address: 112 Academy NW Avenue
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City: Concord
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State/county: NC
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Zip/Postal Code: 28025
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Area: NONE
Details
Updated on June 3, 2026 at 3:05 pm-
Property ID 4384073
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Price $199,000
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Bedrooms 2
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Bathroom 1
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Year Built 1965
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Conventional
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Roof Architectural Shingle
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Utilities Cable Connected
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Sewer Public Sewer
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Cooling Window Unit(s)
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Heating Heat Pump
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Flooring Carpet, Laminate
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County Cabarrus
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Property Type Residential
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Parking Attached Carport, Driveway
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Elementary School Coltrane-webb
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Middle School Concord
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High School Concord
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Architectural Style Bungalow, Cottage, Ranch, Traditional
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Down Payment
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Property Tax
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Contact Information
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