$199,000

112 Academy Avenue NW, Concord, NC 28025

  • 2 beds |
  • 1 bath |
  • 998 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon7,100sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $199/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!

Listing Status:
Active
Data Last Updated:
May 27, 2026 at 12:16AM
Listing Office:
Branch Wealth Partners, LLC : 704-782-7272
MLS ID:
4384073
  • Appliances: DishwasherDryerElectric OvenElectric RangeExhaust FanExhaust HoodOvenRefrigeratorWasherWasher/Dryer
  • Laundry: Electric Dryer HookupIn KitchenMain LevelWasher Hookup
  • Flooring: CarpetLaminate
  • A/C: Window Unit(s)
  • Heating: Heat Pump
  • General: Shed(s)
  • Style: BungalowCottageRanchTraditional
  • Parking: Attached CarportDriveway
  • Roofing: Architectural Shingle
  • General: Site BuiltCrawl Space
  • Road/Access: ConcretePaved
  • Originating MLS: carolina
  • County: Cabarrus
  • Zoning: RC5620-69-2410-0000
  • Fencing: Partial
  • Utilities: Cable Connected
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Branch Wealth Partners, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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