NOT LISTED FOR SALE

233 Academy Ave NW Concord, NC 28025

6 Beds
3.5 Baths
2,377 Sq Ft
8,712 Sq Ft Lot

Last Sold November 22, 2022

Last sale price $360,000 $151 Per Sq Ft

105 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • Living Room
  • Coltrane-Webb Elementary School Rated A-
  • Patio
  • 4-minute walk to Academy Recreation Center

About This Home

As of November 2022

This is an amazing opportunity to own a 3-plex in the heart of Concord, currently renting for a total of $2650 per month. Just 1.1 miles from downtown Concord, close to shops and restaurants, this 3-plex will be extremely easy to rent for years to come! Currently fully occupied, you will acquire instant cashflow potential! With all units recently renovated in last couple of years & wrap around porch this gem is truly one of a kind. The character of this 1920 building makes it easy to attract renters. Each unit has its own kitchen & full bathroom. The units share a large parking area, with plenty of room for all of the units. There are a ton of unique and attractive features about this beautiful property. Don’t miss out on this great passive income and book your showing today!
More information coming soon! PLEASE DO NOT DISTURB TENANTS without approved showing time. PLEASE do not walk around the back of the home or walk on property WITHOUT AN APPROVED TIME!

Last Agent to Sell the Property

Josh Finigan

EXP Realty LLC Ballantyne License #286467 Listed on: 08/08/2022

EXP Realty LLC Ballantyne

Last Buyer's Agent

Sharlana Martinez

RAWLS License #311331

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 8,712

Home Design

  • Triplex
  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,377 Sq Ft Home
  • Living Room
  • Crawl Space
  • Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Driveway
  • On-Street Parking
  • 1 to 5 Parking Spaces

Outdoor Features

  • Deck
  • Patio

Schools

  • Coltrane-Webb Elementary School
  • Concord Middle School
  • Concord High School

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 5620-58-2197-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Architectural Style: Traditional
  • Year Built: 1920
  • Ratio Current Price By Acre: 1800000.00
  • Road Surface Type: Dirt, Gravel
  • Structure Type: Triplex
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fixture Exception Yn: 0
  • Porch: Back,Covered,Deck,Front,Patio
  • Room Other: Bathroom(s),Bedroom(s),Kitchen,Laundry,Living Room
  • Appliances: Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 2377
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 885
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Total Bedrooms: 2
  • Total Sq Ft: 838
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • New Construction: No
  • Tax Location: Concord
  • Construction Type: Site Built
  • Property Features: W/D Connection
  • Construction Type: Vinyl Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Parking Features: Driveway, On Street, Parking Space - 4+

Utilities

  • Heating: Central, Forced Air, Gas Hot Air Furnace
  • Sewer: Public Sewer
  • Water Heater: Electric
  • Laundry Features: Laundry Room
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 5620-58-2197-0000
  • Zoning Description: RC
  • ResoLotSizeUnits: Acres

Rental Info

  • Rent Includes: See Remarks
  • Tenant Pays: Electricity, Gas, Water
  • Pets Allowed: Conditional

Tax Info

  • RATIO List Price By Tax Amount: 2.72408

Multi Family

  • Number Of Units Total: 3
  • Unit Count: 3

MLS Schools

  • Elementary School: Coltrane-webb
  • High School: Concord

Range of Values:

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Average Value
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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
11/22/2022 11/22/22 Sold $360,000 -1.4% $151 / Sq Ft
09/12/2022 09/12/22 Price Changed $365,000 -2.7% $154 / Sq Ft
08/08/2022 08/08/22 For Sale $375,000 -- $158 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3889747

Canopy MLS (Canopy Realtor® Association)

APN: 5620 58 2197