112 Academy Ave NW, Concord, NC 28025

Beds
2
Bath
1
Sqft
932

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Listed byBranch Wealth Partners, LLC
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Overview

Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value.

The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history.

Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways.

Excellent opportunity for investors looking to add a solid income-producing property in a growing area!

Location

Full feature list

Basic info

Property type
House
Number of stories
1
Number of bedrooms
2
Number of bathrooms
1
Square feet
932
Lot size (acres)
0.16
Year built
1965

Interior features

Laundry
Electric Dryer Hookup, In Kitchen, Main Level, Washer Hookup

Utilities

Heating
Heat Pump
Cooling
Window Units
Sewer
Public Sewer
Water
Public Water

Public schools

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Sourced from: Canopy MLS MLS®#: 4384073 Last checked:

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