Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted.
Closed
$130,000
154-156 Tournament Dr SW, Concord, NC 28025
4beds
1,390sqft
Duplex
Built in 1930
-- sqft lot
$302,400 Zestimate®
$94/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: June 21, 2024 at 06:32am
Listing Provided by:
David Knapp davidtknapp@yahoo.com,
Home Ventures Realty,
Erin Garvey 704-975-8444,
Home Ventures Realty
Bought with:
Richard Esquer
The Advisor Group Carolinas
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4100321

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Ductless, Natural Gas, Wall Furnace
Cooling
- Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: In Kitchen
Features
- Flooring: Tile
- Has basement: No
Interior area
- Total structure area: 1,390
- Total interior livable area: 1,390 sqft
- Finished area above ground: 1,390
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 0.19 Acres
- Features: Sloped
Details
- Parcel number: 56209641530000
- Zoning description: RC
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Aluminum, Vinyl
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: City
- Utilities for property: Cable Available, Electricity Connected, Gas
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Concord
Other
Other facts
- Listing terms: Cash
- Road surface type: None, Paved
Services availability

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Estimated market value
$302,400