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Map
$269,552*
●
Multifamily -
Off Market
2016 Concord Lake Road
Kannapolis, NC 28083
3 Beds
3 Baths
2687 Sqft
$167,000 - $203,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Investment property with instant cash flow. This triplex as many
opportunities now and for the future. This property is located on a
main road, with growth in area would be a great investment by
itself. This triplex has a great rental history. As of right now
all units are currently under lease contract. Two of the tenants
have been residents long term. Please do not disturb tenants,
showings granted with accepted offer. Rental income is $1950 a
month, with a Gross Cap Rate of 12.6%.
The manager has listed the unit size as 2687 square feet.
The manager has listed the unit size as 2687 square feet.
Unit Size
2,687Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$69
Property Type
Multifamily
Property Taxes
-
HOA Dues
-
Year Built
1955
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2020 | Sold to Jessica Lincoln, Justin Lin... | $170,000 | |
| Sold to Jessica Lincoln, Justin Lin... | |||
| Jan 25, 2020 | No longer available | - | |
| No longer available | |||
| Jan 23, 2020 | Relisted | $185,000 | |
| Relisted | |||
| Jan 10, 2020 | No longer available | - | |
| No longer available | |||
| Jan 5, 2020 | Relisted | $185,000 | |
| Relisted | |||
Show More
Property Highlights
Air Conditioning
Garage
2016 Concord Lake Road
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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 |
|---|---|---|---|---|---|---|---|---|
|
11/12/2019
|
|
3 Bed
|
3 Bath
|
2687 ft²
|
$185,000
3 Bed
3 Bath
2687 ft²
|
$170,000
-8.11%
02/25/2020
|
Michael Murphy
|
Building Info
