154-156 Tournament Drive SW Concord, NC $ 149,000
154-156 Tournament Drive SW
$ 149,000
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154-156 Tournament Drive SW

Concord, NC, 28025
$ 149,000
Bedrooms4 Baths2.0 Sq 1,390

Monthly Estimate*

$ 1,041

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Multi-Family Home for sale in Concord, NC

for $149,000 with 4 bedrooms and 2 full baths. This 1,390 square foot home was built in 1930 on a lot size of 0.1912.

Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted.

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Multi-Family Pending

Price

$ 149,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1912

Year Built

1930

Town/City

Concord

County/Region

Cabarrus

MLS | Web ID

4100321

Features
General
Sewer Public Sewer
Heating Ductless Natural Gas Wall Furnace
Cooling Window Unit(s)
Utilities Cable Available Electricity Connected Gas
Roof Shingle
Appliances Electric Range Refrigerator
Zoning RC
Construction Materials Aluminum Vinyl
Pets Allowed Yes
Year Built 1930
Tenant Pays All Utilities
Property SubType Duplex
Community Features Sidewalks
County Cabarrus
New Construction N
Property Type Residential Income
Directions From 85- take 601 East to Left on Church St into the center of downtown Concord Right on Corban Ave Left on Spring St Right on Ring St Left onto Tournament. House on the right
High School Unspecified
City Concord
Total Units 2
Street Name Tournament
Elementary School Unspecified
Middle/Junior High School Unspecified
Standard Status Pending
Construction Type Site Built
Restrictions Livestock Restriction
Tax Assessed Value 47860
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Interior
Flooring Tile
Above Grade Finished Area 1390
Full Baths 2
Half Baths 0
Street Suffix Drive
Laundry Features Electric Dryer Hookup In Kitchen Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 0
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Exterior
Parking Features On Street
Lot Features Sloped
Water Source City
Lot Size Area 0.1912
Foundation Details Crawl Space
Building Area Total 1390
Road Surface Type None Paved
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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* Excluded Features
List By
Home Ventures Realty

Broker

Affordability Calculator

$1,041
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,041
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$149,000 -6.29% Price Down
1/19/2024$159,000 Listed Price

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154-156 Tournament Drive SW, Concord, NC, 28025 is a Multi-Family Home for sale at $149,000 with 1,390 sqft and a lot size of 0.1912. 154-156 Tournament Drive SW has 4 bedrooms, 2.0 baths, and was built in 1930. The property's zip code is 28025 which is in Concord, NC