Exceptional Investment Opportunity! This 10-unit apartment complex in the heart of Concord features 2-bedroom, 1-bathroom units, each approximately 800 sq. ft. Eight of the units have been fully renovated with luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern cabinetry. Upper units boast new decks, while lower units offer private patios, enhancing tenant satisfaction. The remaining two units, one partially renovated and the other leased month-to-month, provide immediate value-add potential. Located in a prime area near shopping, dining, and major highways, this well-maintained complex offers stable cash flow with room for rental growth. Don't miss this turnkey investment in Concord’s high-demand rental market!
Mls | 4186472 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active Under Contract |
Year | 1999 |
Days On Site | 67 |
Listing Provided By | Redwood Realty Group LLC | Paige Greenwald |
Zoning | RC |
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Acreage | 0.69 |
State | NC |
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County | Cabarrus |
City | Concord |
Zip Code | 28025 |
Area | Cabarrus |
Listing VS Median (in 28025) | |
Price: $1,595,000 low | high Med: $334,995 On Site: 67 low | high Med: 232.500000 |