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  • $455,000

    229 Academy Ave NW, Concord, NC 28025

    4beds
    2,936sqft
    Quadruplex
    Built in 1930
    -- sqft lot
    $494,700 Zestimate®
    $155/sqft
    $1,461 Estimated rent

    Owner options

    List your home for rent

    $1,461/mo

    Rent Zestimate®

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    $1,461/mo

    Rent Zestimate®

    Refinance and save

    $2,624/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $2,624/mo

    Est. payment

    What's special

    AMAZING opportunity to own a 4-plex in the heart of Concord, currently renting for a total of $3,200 per month. Just 1.1 miles from downtown, close to shops and restaurants, this 4-plex will be extremely easy to rent for years to come! Currently fully occupied, you will acquire instant cashflow potential. All units recently renovated in past 8 years & located in the Opportunity Zone. All units have their own water & electric meters. The character of this 1930's building makes it easy to attract renters. Each unit has its own kitchen & full bathroom. The units share a large parking area with plenty of room for all. There are a ton of unique & attractive features about this beautiful property. Don't miss this great opportunity for passive income & book your showing today!

    Zillow last checked: 8 hours ago

    Listing updated: February 02, 2023 at 12:39pm

    Listing Provided by:

    Peter Greijn peter@referralrealtygrp.com,

    Referral Realty US LLC

    Bought with:

    Carmela Hidalgo

    Coldwell Banker Realty

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 3926860MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Central
    Appliances
    • Included: Electric Range, Electric Water Heater, Refrigerator
    • Laundry: None
    Features
    • Flooring: Tile, Vinyl, Wood
    Interior area
    • Total structure area: 2,936
    • Total interior livable area: 2,936 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Driveway, Parking Lot
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.20 Acres
    • Dimensions: 60 x 146
    • Features: Level
    Details
    • Parcel number: 5620 58 3222 0000
    • Zoning: RC
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Transitional
    • Property subtype: Quadruplex
    Materials
    • Aluminum, Vinyl
    • Foundation: Crawl Space, Other - See Remarks
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Concord

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Concrete, Paved
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    Estimated market value
    $494,700