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$288,000

Est. Payment: $1,480/mo

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496 Gibson

Concord, NC 28025

4

bedrooms

0

baths

1,845

sq.ft.

$156

price per sf

Property TypeResidential Income
Year Built1900
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

This property brings in around $29,000 annually… a CASH FLOWING PROPERTY! Check out this amazing DUPLEX right in the heart of Concord—multi-unit properties like this are incredibly rare. Ideally located on the corner of Brookwood and Gibson near Downtown Concord, Gibson Mill, Concord Mills, hospitals, major highways and more! With low-maintenance features and reliable tenants, it’s ready to start earning for you immediately. Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease. Both units have newer cabinets, and the Gibson unit features updated flooring. Most electrical and plumbing systems have been recently upgraded. The seller covers water, which has consistently been under $150 per month. Landscaping is only $30/month, and there are no other maintenance expenses. On 226 Brookwood side refrigerator only conveys. On Gibson side both stove and refrigerator convey. Rental income breakdown: • 1-bedroom units: $900/month • 3-bedroom unit: $1,550/month

Property Features

Property Description

  • Beds Total: 4
  • Stories: 2
  • Year Built: 1900
  • Living Area: 1,845 sqft
  • New Construction: No
  • MLS #: 4326751

Association

  • HOA Required: No

Interior Features

  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • In Unit

Appliances

  • Electric Range
  • Oven
  • Refrigerator

Construction Materials

  • Vinyl
  • Foundation: Crawl Space
  • Roof: Architectural Shingle

Cooling

  • Window Unit(s)

Foundation Details

  • Crawl Space

Heating

  • Baseboard

Laundry Features

  • In Unit

Parking Features

  • Driveway
  • 0

Pets Allowed

  • Yes,Conditional

Road

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

Sewer

  • Public Sewer

WaterSource

  • City

Tax and Financial Info

  • Listing Terms: Cash, Conventional, FHA, VA Loan

Location

LISTING COURTESY OF: BRANCH WEALTH PARTNERS, LLC

christina@branchwealthpartners.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 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.

Carnarri Cofield

$288,000

496 Gibson

4 bed, 0 bath