154-156 Tournament Drive Sw
Concord,
NC
28025
Property Details
List Price: |
$149,000 |
Beds: |
4 |
Baths: |
2 |
Status: |
Pending |
SqFt: |
1390 |
Agency: |
Home Ventures |
Warning: Invalid argument supplied for foreach() in
/var/www/allhud/templates/importanthomescyphersvideo/html/com_propertylist/details/default.php on line
469
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1930 |
Notes: |
Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted. |
MlsNumber: |
4100321 |
Estimate Your Monthly Payment
Listing Provided By: |
Home Ventures, original listing |
Name: |
Home Ventures |
Phone: |
(704) 701-3904 |
Office Name: |
Home Ventures Realty |
Office Phone: |
(704) 980-9266 |
Agent Name: |
David Knapp |
Disclaimer: |
Copyright © 2024 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |