40 Beds
20 Full baths
20,489 SqFt
Active
RENTAL PORTFOLIO (19 PROPERTIES, 25 UNITS AVERAGING a hundred thousand each unit) located in the blooming area of Concord, Kannapolis and Albemarle. All properties are priced below market value with steady rental income that can increase significantly with some TLC and upgrading. DO NOT DISTURB OR TALK TO TENANTS! Only vacant units are available for showings. ALL Rents are currently below market value. Seller requires proof of funds at time of offer. Measurements based on tax records for each unit, pending measurement drawings. Buyers agent responsible to confirm all info that is important to the buyer. All units being sold "AS IS"
Property Details | ||
|---|---|---|
| Price | $2,559,000 | |
| Bedrooms | 40 | |
| Full Baths | 20 | |
| Property Style | Colonial | |
| Lot Size Area | 2 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Multi-Family | |
| Year Built | 1940 | |
| Heating | Window Unit(s) | |
| Foundation | Crawl Space | |
| Laundry Features | Main Level | |
| Parking Description | Parking Space - 2 | |
Geographic Data | ||
| County | Cabarrus | |
| Latitude | 35.420201 | |
| Longitude | -80.610055 | |
Address Information | ||
| Address | 674 Central Drive NW, Concord, NC 28027 | |
| Postal Code | 28027 | |
| City | Concord | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Great Homes of the Carolinas | |
| Listing Office Phone | 704-615-1469 | |
| Listing Agent | Diana Borg | |
| Listing Agent Phone | 704-615-1469 | |
| Special listing conditions | None | |
| Terms | 1031 Exchange, Cash | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 142 | |
| MLS Status | Active | |
| Listing Date | Feb 28, 2022 | |
| Listing Last Modified | Jul 20, 2022 | |
| Tax ID | 5621-01-3875-0000 | |
| MLS # | CAR3830592 | |
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This information is believed to be accurate, but without any warranty.
