Sold

161 Cannon Avenue NW, Concord, NC 28025

Beds
6
Baths
2
Sqft
1,683.20

View property features, location on map, relevant school information and overview from seller's agent.

Listed byBranch Wealth Partners, LLC
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Overview

Check out this amazing DUPLEX located on the corner of Cook and Cannon in the heart of Concord. Multi-unit properties like this are incredibly rare. Ideally located near Downtown Concord, Gibson Mill, Concord Mills, hospitals, Charlotte, major highways and more!

Completely renovated and permitted in 2024, this duplex is bringing in close to $40,000 annually... what a true CASH COW! Rents are $1,680/month for 161 Cannon and $1,670/month for 506 Cook St. Both tenants are current and happy.

This property was taken down to the studs and fully upgraded, even expanding the original layout. Each unit is a spacious 3-bedroom, 1-bath, with separate water and electric meters and individual washer/dryer hookups.

2024 updates include: electrical system, plumbing, windows, attic insulation, siding, wall insulation & sheetrock, flooring, cabinets, vanities, light fixtures, and a new architectural roof. All appliances to convey except washer and dryer are tenants.

Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
6
Number of bathrooms
2
Square feet
1,683.20
Year built
1935

Utilities

Heating
Baseboard
Cooling
Window unit(s)
Sewer
Public sewer

Public schools

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Sourced from: Canopy MLS MLS®#: 4326767 Last checked:

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