Totally renovated in 2024 and permitted DUPLEX bringing in $39,840 per year, WHAT A CASH COW!!! ($1650/month on 161 cannon unit fully pre paid till december 2025 and $1670/month on 506 cook st side unit). All tennants current, no T12 or rent roll available but can provide proof of timely payments for serious buyers. Everything was taken down to the studs, upgraded and re-purposed expanding the size of the original building. Both units are 3/1 with ample space, separately metered water and electric and individual washer and dryer hookups. This is a corner lot on Cook and Cannon, close to Concord downtown, hospital, major shopping and a few minutes off the interstate. HURRY and book your appointment now!
Active
$395,000
161 Cannon Ave NW, Concord, NC 28025
6beds
1,600sqft
Est.:
Duplex
Built in 1935
-- sqft lot
$394,700 Zestimate®
$247/sqft
$-- HOA
What's special
Permitted in duplexCorner lot
- 3 days
- on Zillow |
- 268 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 24, 2025 at 02:03am
Listing Provided by:
Paul Gomez paulgrealestate@gmail.com,
NorthGroup Real Estate LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4250199

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Bar Fridge
- Laundry: Electric Dryer Hookup, In Unit, Washer Hookup
Features
- Has basement: No
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
- Finished area above ground: 1,600
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
- Exterior features: Lawn Maintenance
Lot
- Size: 0.17 Acres
- Features: Corner Lot, Level
Details
- Parcel number: 56213175480000
- Zoning: RV
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Vinyl
- Foundation: Crawl Space
- Roof: Shingle
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Concord
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $122,440
- Annual tax amount: $1,220
- Date on market: 4/23/2025
- Listing terms: Cash,Conventional,Exchange,FHA,NC Bond,VA Loan
- Tenant pays: All Utilities
- Road surface type: Gravel, Paved
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