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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

    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.

    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#: 4100321MLS Logo

    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