$700,000
 $3,758 est/mo Sourced by Back At You

668 Faith Drive , Concord, NC 28027

Concord, NC 28027

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Description

Great investment opportunity! If you're looking to start or add to your real estate portfolio here is a property in fast growing Concord. Situated on .63 acres just 3 miles from downtown Concord is a renovated quadplex, which contains 4 spacious 2 bed, 1 bath units. This is an ideal purchase for the next investor due numerous updates which include: roof, vinyl siding, kitchen cabinets, appliances, LVP flooring, and more (2019 & 2020). Crawl space work and moisture barrier, sub flooring for bottom 2 units (2023). New HVAC for the 2 downstairs units (2023). Also includes additional storage building for tenant to rent for additional storage and income. All units rented for $1050 per mo. The rents should be $1250 + per mo. All have leases that end at different times. All renters are current have been paying on time. Please DO NOT DISTURB TENANTS. No showings until accepted offer per seller.

Details

MLS#4176146
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1983
Days On Site71
Listing Provided ByEXP Realty LLC Mooresville | Al DiRusso

Features

SQ Feet3,068
Story(s)2
Units4
ZoningRC
Acreage0.63

Market Activity 28027

 Listings courtesy of Canopy Realtor® Association as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 8, 2024 at 3:39:08 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyCabarrus
CityConcord
Zip Code28027
AreaCabarrus
School DistrictUnspecified
Elementary SchoolUnspecified
Middle SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28027)
Price:
$700,000
low | high
Med:
$425,000
89.285714285714% of Average
SqFt:
3,068
low | high
Med:
2,412
71.382007822686% of Average
$ / SqFt:
$228
low | high
Med:
$176
72.773039564084% of Average
On Site:
71
low | high
Med:
1.000000
100% of Average
Sourced by Back At You
Listing Updated: November 7, 2024 at 2:32:39 PM PST
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