668 Faith DR SW Active Save Request In-Person Tour Request Virtual Tour
Concord,NC 28027
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,068 sqft
Price per Sqft $228
MLS Listing ID 4176146
Abv Grd Liv Area 3,068
Year Built 1983
Lot Size 0.630 Acres
Acres 0.63
Property Description
Great investment opportunity! If you're looking to start or add to your real estate portfolio here is a property in fast growing Concord. Situated on .63 acres just 3 miles from downtown Concord is a renovated quadplex, which contains 4 spacious 2 bed, 1 bath units. This is an ideal purchase for the next investor due numerous updates which include: roof, vinyl siding, kitchen cabinets, appliances, LVP flooring, and more (2019 & 2020). Crawl space work and moisture barrier, sub flooring for bottom 2 units (2023). New HVAC for the 2 downstairs units (2023).
Also includes additional storage building for tenant to rent for additional storage and income. All units rented for $1050 per mo. The rents should be $1250 + per mo. All have leases that end at different times. All renters are current have been paying on time. Please DO NOT DISTURB TENANTS. No showings until accepted offer per seller.
Location
State NC
County Cabarrus
Zoning RC
Interior
Heating Baseboard,Electric,Heat Pump,Other - See Remarks
Cooling Central Air,Window Unit(s),Other - See Remarks
Appliance Dishwasher,Electric Range,Electric Water Heater
Exterior
Garage false
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Special Listing Condition None