Turn-key investment opportunity close to downtown Concord in the Brookwood community. Eight units completely renovated and improved with a modern Old English touch. Exterior freshly painted and parking lot recently resealed and striped. Seven of eight units currently leased, with the eighth listed for lease. Excellent income potential with property management company in place for a seamless transition should buyer so choose. Each unit has laundry in kitchen, and outside storage closet. Off street parking and all units individually metered for power and water. Trash and landscaping is landlord cost.
Closed
$1,430,000
315 Hamilton Dr NE, Concord, NC 28025
16beds
16baths
7,508sqft
Multi Family
Built in 1973
-- sqft lot
$1,431,200 Zestimate®
$190/sqft
$1,271 Estimated rent
Home value
$1,431,200
$1.32M - $1.56M
$1,271/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 18, 2025 at 06:24am
Listing Provided by:
Tim Harrell tim.harrell@redwoodrg.com,
Redwood Realty Group LLC,
Sam Cowles,
JLF Management Group LLC
Bought with:
Glen Tucker
RE/MAX Leading Edge
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4205906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
- Laundry: In Kitchen
Features
- Flooring: Vinyl
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 7,508
- Total interior livable area: 7,508 sqft
- Finished area above ground: 7,508
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Storage
Lot
- Size: 0.56 Acres
Details
- Parcel number: 56217286920000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick Partial, Hardboard Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Concord
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2025 | Sold | $1,430,000-7.7%$190/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4205906 | ||
| 1/28/2025 | Pending sale | $1,549,000$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 | ||
| 1/21/2025 | Price change | $1,549,000-8.6%$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 | ||
| 12/9/2024 | Listed for sale | $1,695,000+78.4%$226/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 | ||
| 10/5/2023 | Sold | $950,000+18.8%$127/sqft |
Source: Canopy MLS as distributed by MLS GRID #4066211 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,856 +67.1% | $688,390 +104.7% |
| 2023 | $4,103 | $336,310 |
| 2022 | $4,103 | $336,310 |
Find assessor info on the county website
Neighborhood: 28025
Nearby schools
GreatSchools rating
- 7/10W M Irvin ElementaryGrades: PK-5Distance: 1.8 mi
- 2/10Concord MiddleGrades: 6-8Distance: 1.8 mi
- 5/10Concord HighGrades: 9-12Distance: 0.7 mi
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Estimated market value
$1,431,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,431,200