
Courtesy of: Christina Wright, Branch Wealth Partners, LLC, christina@branchwealthpartners.com
$199,000
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2 bed
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1.00 Bath (1 Full)
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Lot: 0.16 Acres
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Single Family Residence
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$199,000
112 Academy Avenue NW 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!
Courtesy of: Christina Wright, Branch Wealth Partners, LLC, christina@branchwealthpartners.com
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