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$169,000

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262 Elm

Concord, NC 28025

3

bedrooms

1

baths

1,360

sq.ft.

$124

price per sf

Property TypeResidential
Year Built1916
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

Investor opportunity in the heart of Concord! This 3-bedroom, 1-bath home offers immediate income potential with a tenant currently in place on a month-to-month lease, providing flexibility for the next owner. Whether you’re looking to expand your rental portfolio, secure your first investment property, or purchase with future plans in mind, this property presents a solid opportunity. With month-to-month tenancy, investors have the option to continue renting for steady cash flow or explore value-add improvements to maximize returns. Please note: the AC is currently not working, offering an additional opportunity for upgrades and increased value.

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: 3
  • Full Baths: 1
  • Half Baths: 0
  • Year Built: 1916
  • Living Area: 1,360 sqft
  • New Construction: No
  • MLS #: 4349553

Additional Home Features

  • Subdivision: None
  • Neighborhood: None

Association

  • HOA Required: No

Interior Features

  • Heating: Central
  • Cooling: Central Air
  • Other - See Remarks

Appliances

  • Other

Construction Materials

  • Other - See Remarks
  • Foundation: Crawl Space

Cooling

  • Central Air

Foundation Details

  • Crawl Space

Heating

  • Central

Laundry Features

  • Other - See Remarks

Levels

  • One

Parking Features

  • Driveway

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Concrete, Paved

Sewer

  • Public Sewer

WaterSource

  • City

Fireplace

  • Fireplace: No

Location

LISTING COURTESY OF: THREE REALTY GROUP, LLC

coltranesarah16@gmail.com

MLS GRID

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 Three Realty Group, 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.

Carnarri Cofield

$169,000

262 Elm

3 bed, 1 bath