NOT LISTED FOR SALE

154 Tournament Dr SW Concord, NC 28025

Downtown Concord Neighborhood
4 Beds
2 Baths
1,390 Sq Ft
8,276 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $130,000 $94 Per Sq Ft

78 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Tile Flooring
  • Covered patio or porch

About This Home

As of May 2024

Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted.

Last Agent to Sell the Property

Dave Knapp

Home Ventures Realty Brokerage Email: davidtknapp@yahoo.com License #258107 Listed on: 01/19/2024

Co-Listed By

Erin Garvey

Home Ventures Realty Brokerage Email: davidtknapp@yahoo.com License #286147

Last Buyer's Agent

Richard Esquer

The Advisor Group Carolinas License #282961

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • Sloped Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 1,390 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Tile Flooring
  • Crawl Space
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5620-96-4153-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Restrictions: Livestock Restriction
  • Road Surface Type: None, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: davidtknapp@yahoo.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Tile
  • Appliances: Electric Range, Refrigerator
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 1390
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1390
  • Building Stories: 1
  • Window Features: Insulated Window(s)

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Aluminum, Vinyl
  • Patio And Porch Features: Covered, Deck, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: On Street

Utilities

  • Heating: Ductless, Natural Gas, Wall Furnace
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, In Kitchen, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Window Unit(s)
  • Utilities: Cable Available, Electricity Connected, Gas
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Sloped
  • Lot Size Area: 0.1912
  • Lot Size Units: Acres
  • Parcel Number: 5620-96-4153-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $130,000 -12.8% $94 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
03/30/2024 03/30/24 For Sale $149,000 0.0% $107 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
03/04/2024 03/04/24 Price Changed $149,000 0.0% $107 / Sq Ft
03/04/2024 03/04/24 For Sale $149,000 -6.3% $107 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $159,000 +1489.8% $114 / Sq Ft
02/22/2013 02/22/13 Sold $10,001 -41.2% $7 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $17,000 -- $12 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Dave Knapp

    Home Ventures Realty

    (704) 661-9119

    1 in this area

    6 Total Sales

    Dave Knapp
    Section Image
  • Erin Garvey

    Seller Co-Listing Agent in 2024

    Erin Garvey

    Home Ventures Realty

    (704) 975-8444

    1 in this area

    37 Total Sales

    Erin Garvey
    Section Image

  • R

    Buyer's Agent in 2024

    Richard Esquer

    The Advisor Group Carolinas

    (980) 245-6170

    1 in this area

    71 Total Sales

    Richard Esquer
    Section Image

  • J

    Seller's Agent in 2013

    Jason Benham

    JLF Management Group LLC

See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4100321

Canopy MLS (Canopy Realtor® Association)

APN: 5620 96 4153

North Carolina Cabarrus County Concord 28025 Downtown Concord

154 Tournament Dr SW, Concord, NC

This home is located at 154 Tournament Dr SW, Concord, NC 28025 since 19 January 2024. This property was built in 1930. 154 Tournament Dr SW is a home located in Cabarrus County with nearby schools including W.M. Irvin Elementary School, Concord Middle School, and Concord High School.

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