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112 Academy Avenue Northwest

Concord NC 28025

2
1
2
932 sq. ft.
0.16 ac.
Single-Family
Currently for sale - view listing

Overview

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!

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 open car space
932 sq. ft. floor area
0.16 ac. lot size
Single-Family

Property history for 112 Academy Avenue Northwest

2017
Rented
Undisclosed
14 Aug 2017 by American Property Managers LLC

Happy sellers in Concord

94%
94% of sellers in Concord reported that their sale price either exceeded or met their price expectations.

Concord stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Concord over the last 12 months.

Local market activity for 2 bedroom single-family properties in Concord

In the last 12 months, 53 two-bedroom single-family properties similar to 112 Academy Avenue Northwest, have been sold.

This represents a 23% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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(619) 566-0008
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