M
Seller's Agent in 2020
Michael Murphy
United Real Estate-Queen City
2016 Concord Lake Rd Kannapolis, NC 28083
3
Beds
3
Baths
2,687
Sq Ft
0.39
Acres
About This Home
As of February 2020Investment property with instant cash flow. This triplex as many opportunities now and for the future. This property is located on a main road, with growth in area would be a great investment by itself. This triplex has a great rental history. As of right now all units are currently under lease contract. Two of the tenants have been residents long term. Please do not disturb tenants, showings granted with accepted offer. Rental income is $1950 a month, with a Gross Cap Rate of 12.6%.
Last Agent to Sell the Property
Michael Murphy
United Real Estate-Queen City License #296718 Listed on: 11/12/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.39
Parking
- Gravel Driveway
Home Design
- Triplex
- Ranch Style House
- Vinyl Siding
Additional Features
- Cork Flooring
- 3 Full Bathrooms
- Crawl Space
Listing and Financial Details
- Assessor Parcel Number 5622-25-9337-0000
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/24/2020 02/24/20 | Sold | $170,000 | -8.1% | $63 / Sq Ft | |
| 01/23/2020 01/23/20 | Pending | -- | -- | -- | |
| 01/21/2020 01/21/20 | For Sale | $185,000 | 0.0% | $69 / Sq Ft | |
| 01/08/2020 01/08/20 | Pending | -- | -- | -- | |
| 01/03/2020 01/03/20 | For Sale | $185,000 | 0.0% | $69 / Sq Ft | |
| 11/14/2019 11/14/19 | Pending | -- | -- | -- | |
| 11/12/2019 11/12/19 | For Sale | $185,000 | +15.6% | $69 / Sq Ft | |
| 12/28/2017 12/28/17 | Sold | $160,000 | -20.0% | $60 / Sq Ft | View Prior Sale |
| 11/16/2017 11/16/17 | Pending | -- | -- | -- | |
| 01/24/2017 01/24/17 | For Sale | $199,900 | -- | $75 / Sq Ft |
Source: Canopy MLS (Canopy Realtor® Association)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Geena Fie
Buyer's Agent in 2020
Geena Fie
Geena Fie
(704) 807-2355
1 in this area
52 Total Sales
-
Kirk Hanson
Seller's Agent in 2017
Kirk Hanson
Coldwell Banker- CK Select
(704) 791-9469
46 in this area
317 Total Sales
-
Jenna Cook
Seller Co-Listing Agent in 2017
Jenna Cook
Lantern Realty & Development, LLC
(704) 960-5591
6 in this area
140 Total Sales
Map
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3568515
APN: 5622 25 9337
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