112 Academy Avenue
Concord, NC 28025
$184,997 Active

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!

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Basic Information
MLS#: 4384073
Price: $184,997
Square Footage: 932
Bedrooms: 2
Bathrooms: 1 Full
Special Conditions: Subject to Lease
Acreage: 0.16
Year Built: 1965
Elementary School: Coltrane-webb
Middle School: Concord
High School: Concord
Details
Waterfront/water view: No
Parking: Attached Carport,Driveway
HVAC: Heat Pump
Main level:   Dining Area
Listing Courtesy Of: Branch Wealth Partners, LLC - christina@branchwealthpartners.com

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