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$2,559,000
674 Central Dr NW, Concord, NC 28027
40 Beds
20 Baths
20,489 SqFt

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RENTAL PORTFOLIO (19 PROPERTIES, 25 UNITS AVERAGING a hundred thousand each unit) located in the blooming area of Concord, Kannapolis and Albemarle. All properties are priced below market value with steady rental income that can increase significantly with some TLC and upgrading. DO NOT DISTURB OR TALK TO TENANTS! Only vacant units are available for showings. ALL Rents are currently below market value. Seller requires proof of funds at time of offer. Measurements based on tax records for each unit, pending measurement drawings. Buyers agent responsible to confirm all info that is important to the buyer. All units being sold AS IS
  • Price:
  • $2,559,000
  • Bedrooms:
  • 40
  • Full Baths:
  • 20
  • Square Footage:
  • 20,489
  • Acreage:
  • 2.00
  • Year Built:
  • 1940
  • Listing ID #:
  • CAR3830592
  • Street Address:
  • 674 Central Dr NW
  • City:
  • Concord
  • State:
  • North Carolina
  • Postal Code:
  • 28027
  • County:
  • Cabarrus
  • Listing Status:
  • Active
  • Listing Type:
  • Residential Income
  • Approximate Total Liveable Area:
  • 20489
  • Architecture Style:
  • Colonial
  • Construction Description:
  • Vinyl Siding, Wood Siding
  • Construction Type:
  • Site Built
  • Foundation:
  • Crawl Space
  • Number Of Units:
  • 25
  • Structure:
  • Duplex
  • Total Building Square Footage:
  • 20489
  • Year Built:
  • 1940
  • Lot Size:
  • 2
  • Lot Size Units:
  • Acres
  • Zoning Description:
  • Rc
  • Days On Market:
  • 208
  • Previous Listing Price:
  • 2550000
  • Terms:
  • 1031 Exchange, Cash
  • Tenant Pays:
  • Cable Tv, Electricity, Exterior Maintenance, Garbage Pick-Up, Gas, Interior Common Lights, Outdoor Lighting, Water, All Utilities
  • Parking Description:
  • Parking Space - 2
  • Existing Water:
  • Public, Well
  • Heating:
  • Window Unit(s)
  • Laundry:
  • Main Level
  • Sewage Type:
  • Public Sewer, Septic Installed
  • Listing Provided By Great Homes Of The Carolinas
  • Listings courtesy of Canopy MLS as distributed by MLS GRID NCCANOPY
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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