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$135,000 - $163,000
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Multifamily -
In Contract
154-156 Tournament Drive SW
Concord, NC 28025
4 Beds
2 Baths
1390 Sqft
About This Property
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.
The manager has listed the unit size as 1390 square feet.
The manager has listed the unit size as 1390 square feet.
Unit Size
1,390Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$107
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1930
Listed By
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 31, 2024 | Relisted | $149,000 | |
| Relisted | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
| Mar 4, 2024 | Relisted | $149,000 | |
| Relisted | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Exterior Details
Exterior Information
Aluminum Siding
Vinyl Siding
Building Details
New Construction
154-156 Tournament Drive SW
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
154 Tournament Drive Southwest
154 Tournament Drive Southwest, Concord, NC 28025
- 1 Unit for Sale
