Motivated Seller - AS-IS - NO REPAIRS - CASH ONLY - Currently rented for $2,100 per month. Income-producing opportunity at 522 W Concord St, Morganton, NC featuring 5 bedrooms and 2 full bathrooms with long-term tenants in place for approximately 10 years. This property offers immediate rental income and presents an excellent addition to any investor’s portfolio. Currently rented for $2,100 per month, this property stands out due to the large 5-bedroom layout, offering flexibility and strong rental appeal compared to typical smaller rental properties. The value is in the size and bedroom count, providing long-term potential for sustained tenant demand. With stable tenancy already in place, this property is well-suited for investors seeking a reliable buy-and-hold opportunity. Conveniently located near local amenities, shopping, and major roadways, this property offers continued rental appeal in the Morganton area. Close to School for Math and Science, I40, Walmart Shopping Center, Gas Station, Grocery Store, Day School and Elementary.
| MLS # | 4369866 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 114 |
| Listing Provided By | FK and Associates Real Estate Firm | Freddy Karmatz |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 1,307 |
| Story(s) | 2 |
| Acreage | 0.20 |
| Cooling | Window Unit(s) |
|---|---|
| Heating | Central |
| Appliances | Electric Oven, Electric Range |
| Roof | Metal |
|---|---|
| Construction Materials | Vinyl |
| Foundation Details | Crawl Space |
| Lot Features | Corner Lot, Level |
| Garage Yes / No | No |
|---|---|
| Parking Features | Driveway |
| List Aor | Canopy Realtor Association |
|---|
| Property | 61575 |
|---|
| State | NC |
|---|---|
| County | Burke |
| City | Morganton |
| Zip Code | 28655 |
| Area | Burke |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28655) | |
Price: $216,000 low | high Med: $309,900 sqft: 1,307 low | high Med: 1,474 $ / sqft: $165 low | high Med: $210 On site: 114 low | high Med: 63 | |
| State | NC |
|---|---|
| County | Burke |
| City | Morganton |
| Zip Code | 28655 |
| Area | Burke |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28655) | |
Price: $216,000 low | high Med: $309,900 sqft: 1,307 low | high Med: 1,474 $ / sqft: $165 low | high Med: $210 On site: 114 low | high Med: 63 | |