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154-156 Tournament Drive SW, Concord, NC 28025

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For Sale
Sale Pending

$149,000

4 beds2 baths1,390 sqft

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $107.19
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 4100321

Courtesy Of Home Ventures

(704) 980-9266

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Range - Electric, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding, Vinyl Siding
  • Floor Covering
    Tile
  • Heating Fuel
    Natural Gas
  • Heating System
    Central Furnace
  • Lot Size
    0.19 Acres
  • Roof Type
    Composition Shingle
  • Rooms
    Bedroom, Full Bath

Home seller CENTURY 21 Towne & Country

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Towne & Country

(704) 637-7721
Learn More About Us

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