$448,450
$449,900
0.3%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
5 Baths
4,060 SqFt
SOLD DATE : 07/16/2020
Key Details
Sold Price $448,450
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,060 sqft
Price per Sqft $110
Subdivision Brookwood
MLS Listing ID 3615990
Sold Date 07/16/20
Bedrooms 10
Full Baths 5
Year Built 1988
Lot Size 0.480 Acres
Acres 0.48
Lot Dimensions 100x209
Property Description
Great investment opportunity! Completely filled 5-plex with 2 bedrooms and 1 bath each. Each unit has washers and dryers included. Minimal expenses and maintenance needed. All units have been newly renovated and updated within the last 3 years including new Kitchens with granite countertops, stainless steel appliances, new baths with tile, new roof & gutters with gutter guards, laminate flooring and carpet. 4 of the 5 units have had HVAC replaced. Each unit has its own landing and patio in the back. Home is near downtown Concord with easy access to I85, NE Medical Center, and Carolina Mall. Parking is off the street. All units each bring in $925 a month with a total of $4600 monthly rental income. Landlord pays water bill. Turn key investment with property management in place.
Location
State NC
County Cabarrus
Interior
Heating Central
Flooring Carpet, Laminate
Fireplace false
Appliance Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Building
Building Description Brick,Shingle Siding, Fiveplex
Foundation Crawl Space
Sewer Public Sewer
Water Public
Structure Type Brick,Shingle Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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Bought with Angie Douglass • EXP REALTY LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "