420 Maiden Sw Lane, Concord, NC 28025

$225,000
3
BD
2
BA
1,152
SqFt

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Listing courtesy of COMPASS. chip.jetton@compass.com

List Price
$225,000
MLS#
4424970
Status
ACTIVE
Days on Market
1
Property Type
Residential
Distressed Property
Yes
Year Built
1996
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
6,098
Lot Size Area
0.14
Living Area
1,152
Sq Ft Total
1152
County
Cabarrus
Subdivision
Brooklyn
Special Conditions
Subject to Lease
Dom
Yes

Property Description

Investors, add a proven cash-flowing property to your portfolio with this 3BR/2BA home that is just minutes to the heart of historic downtown  Concord! This is a turnkey property with tenant already in place. Current lease is for $1,599/mo and runs through May 31, 2027. At nearly an 8.5% gross return in one of the fastest growing areas in the region, this is a great property in which to place your capital. LVP flooring throughout and stainless steel appliances. Partially fenced yard. Minutes to I-85, Concord Mills, and the growing Cabarrus County job base - a market benefitting from continued Charlotte-metro spillover demand. Serious investors only, tenant lease runs through May 31, 2027. To limit tenant inconvenience we will initially block time on Thursday, 9/24, for showings.

Additional Information

Equipment
Dishwasher, Electric Range, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Bedroom(s), Bedroom(s), Primary Bedroom, Kitchen, Dining Room, Living Room, Bathroom-Full, Bathroom-Full
Laundry Location
Laundry Room
Heating
Central
Water
City
Sewer
Public Sewer
Exterior Construction
Vinyl
Parking
Driveway
Driveway
Concrete, Paved
Elementary School
R Brown McAllister
Middle School
Concord
High School
Concord
Zoning
RC
Total Property HLA
1152
Master on Main Level
Yes

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Calculator source: Real Geeks

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