$174,997
Est. Payment: $899/mo
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112 Academy Ave NW, Concord, NC 28025
Concord, NC 28025
2
bedrooms
1
baths
932
sq.ft.
$188
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
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!
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About the Neighborhood
Homes for sale in 28025 place buyers in the established northern and eastern corridors of Concord. Cabarrus County's historic seat and one of the Charlotte metro's fastest-growing cities. approximately 20 miles northeast of Uptown Charlotte via I-85. The residential landscape spans a broad architectural range, from late 19th and early 20th century Victorian and Colonial Revival homes in Concord's walkable historic downtown neighborhoods to mid-century brick ranches and 1980s–2000s traditional subdivisions that reflect decades of steady growth. The revitalized Downtown Concord corridor along Union Street South anchors the community's commercial identity with local restaurants and boutique retail, while Frank Liske Park, one of Cabarrus County's premier green spaces. provides athletic fields, a lake, and extensive outdoor amenities. Major employers including Cabarrus Health Alliance and the broader Concord Mills and Concord-Padgett Regional Airport employment corridor are within easy reach. Uptown Charlotte commutes run approximately 25–30 minutes via I-85, and the 28025 real estate market consistently delivers competitive price points relative to comparable Mecklenburg County addresses, making it a high-value entry point into the greater Charlotte metro.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 1
- Half Baths: 0
- Year Built: 1965
- Living Area: 932 sqft
- New Construction: No
- MLS #: 4384073
Additional Home Features
- Subdivision: None
- Neighborhood: None
Association
- HOA Required: No
Utilities
- Cable Connected
Interior Features
- Heating: Heat Pump
- Cooling: Window Unit(s)
- Electric Dryer Hookup
- In Kitchen
- Main Level
- Washer Hookup
Appliances
- Dishwasher
- Dryer
- Electric Oven
- Electric Range
- Exhaust Fan
- Exhaust Hood
- Oven
- Refrigerator
- Washer
- Washer/Dryer
Construction Materials
- Aluminum
- Foundation: Crawl Space
- Roof: Architectural Shingle
Cooling
- Window Unit(s)
Foundation Details
- Crawl Space
Heating
- Heat Pump
Laundry Features
- Electric Dryer Hookup
- In Kitchen
- Main Level
- Washer Hookup
Levels
- One
Parking Features
- Attached Carport
- Driveway
- Carport Spaces: 1
- Covered Spaces: 1
Exterior Features
- Fencing: Partial
Other Structures
- Shed(s)
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Concrete, Paved
Sewer
- Public Sewer
WaterSource
- City
Architectural Style
- Bungalow
- Cottage
- Ranch
- Traditional
Flooring
- Carpet
- Laminate
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: BRANCH WEALTH PARTNERS, LLC
christina@branchwealthpartners.com
$174,997
Est. Payment: $899/mo
Adjust down payment, rate & terms
Concord, NC 28025
2
bedrooms
1
baths
932
sq.ft.
$188
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Branch Wealth Partners, LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
$174,997
112 Academy Avenue NW
2 bed, 1 bath