Investment Opportunity! All Brick, easy to maintain duplex located in a great rental area of Concord. Both units are freshly painted & feature 2 bedrooms,1 bath, LR, kitchen & laundry area. The LR's & BR's have hardwood floors & ceiling fans, Kitchens w/new stoves & refrigerators, window unit a/c's & furnaces. Unit 338 is currently on a month to month lease, while unit 340 is vacant, cleaned & ready to rent making this duplex a turnkey investment for immediate income! This property is being sold "as is". The seller has worked diligently to prepare it for sell in great condition & is not aware of any current issues. The home is located just 1.5 miles from downtown Concord, which is undergoing significant renovations & improvements & less than a mile to Gibson Mills, home to restaurants, breweries, shops & more. Unit 338 is tenant occupied & will not be shown until an acceptable offer has been received. See addil't duplex for sale next door at 297 Moore Dr/346 Magnolia St.
Closed
$250,000
338 Magnolia St NW, Concord, NC 28025
2beds
1,383sqft
Duplex
Built in 1900
-- sqft lot
$252,800 Zestimate®
$181/sqft
$1,103 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 23, 2024 at 11:07am
Listing Provided by:
Christine Stewart christine.stewart@allentate.com,
Allen Tate Concord
Bought with:
John Shaw
COMPASS
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4186196
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 2
Heating
- Natural Gas, Wall Furnace
Cooling
- Ceiling Fan(s), Window Unit(s)
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, Mud Room, Inside, Washer Hookup
Features
- Flooring: Vinyl, Wood
- Has basement: No
Interior area
- Total structure area: 1,383
- Total interior livable area: 1,383 sqft
- Finished area above ground: 1,383
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Space(s)
Features
- Patio & porch: Covered, Front Porch
- Fencing: Back Yard,Barbed Wire,Fenced,Partial,Wood
Lot
- Size: 0.13 Acres
Details
- Parcel number: 56203879910000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick Full, Vinyl
- Foundation: Crawl Space
- Roof: Composition
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Concord
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Dirt, Gravel, Paved
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
$252,800