$650,000
SOLD DEC 31, 2015

357 Freedom St SW Concord, NC 28025

-- Bed
-- Bath
22,536 Sq Ft
1.58 Acres

Recently Sold

$29 Per Sq Ft

18% Below List Price

162 Days on Market

About This Home

As of December 2016

Priced below Tax value and bringing in average of $500/monthly, this is a property that with a little upgrading can support higher rents. Recent upgrades to roof, exterior and some of the interiors. Property is already managed for that arms length owner/investor or easy to manage yourself. Lots of upside potential with strong occupancy rates. Please don't disturb the tenants, schedule your tour today.

Last Agent to Sell the Property

Ed McAfee

Locus Real Estate Advisors Inc License #260508 Listed on: 07/22/2015

Last Buyer's Agent

Ed McAfee

Locus Real Estate Advisors Inc License #260508 Listed on: 07/22/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Listing and Financial Details

  • Tenant pays for all utilities
  • Rent includes exterior maintenance, garbage pick-up
  • Assessor Parcel Number 5630-03-5920-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ratio Close Price By List Price: 0.81761
  • Ratio Close Price By Original Li: 0.81761
  • Ratio Current Price By Acre: 411392.41
  • Ratio Current Price By Sq Ft: 28.84
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Electric Range, Electric Oven
  • Total Sq Ft: 22536

Exterior Features

  • Construction: Brick Full

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: Community Sewer
  • Water: City Water
  • Water Heater: Electric

Schools

  • Elementary School: Unspecified
  • Middle School: Unspecified
  • High School: Unspecified

Lot Info

  • Lot Dimension: 375x170x360x152
  • Lot Size Area: 1.580
  • Parcel Number: 5630-03-5920-0000
  • Zoning Specification: RC

Rental Info

  • Rent Includes: Exterior Maintenance, Garbage Pick-up
  • Tenant Pays: All Utilities

Tax Info

  • Tax Value: 661610.00
  • Tax Location: Concord

Multi Family

  • Number Of Units Total: 25

Similar Home in Concord, NC

  • 130 Spring St SW, Concord, NC 28025

    $549,900

    • 4 Beds
    • 4 Baths
    • 3,806 Sq Ft
    • 130 Spring St SW
    • Concord, NC

    Location, location, location! Fully Rented, Turn-Key Quadplex nestled in the heart of the recently reopened downtown Concord! This is walking distance to Restaurants, shopping, entertainment, and library. Each 1-bedroom 1-bath unit is rented and all are in very good condition. The rents are $975, $969, $969, and $875. New Roof in 2014. New water heaters in 2015. 3 have electric and 1 has gas.

    Heather Littrell EXP Realty LLC

    Section Image

Range of Values:

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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
04/20/2018 04/20/18 Rented $595 -8.5% --
03/31/2018 03/31/18 For Rent $650 +18.2% --
11/09/2017 11/09/17 Rented $550 0.0% --
10/17/2017 10/17/17 Rented $550 0.0% --
10/17/2017 10/17/17 For Rent $550 0.0% --
10/10/2017 10/10/17 Under Contract -- -- --
09/19/2017 09/19/17 For Rent $550 0.0% --
08/24/2017 08/24/17 Rented $550 0.0% --
08/01/2017 08/01/17 Rented $550 0.0% --
08/01/2017 08/01/17 For Rent $550 0.0% --
07/25/2017 07/25/17 Under Contract -- -- --
06/16/2017 06/16/17 For Rent $550 0.0% --
03/11/2017 03/11/17 Rented $550 0.0% --
03/11/2017 03/11/17 For Rent $550 0.0% --
02/11/2017 02/11/17 Rented $550 0.0% --
02/11/2017 02/11/17 For Rent $550 0.0% --
01/16/2017 01/16/17 Rented $550 +22.2% --
01/16/2017 01/16/17 For Rent $450 0.0% --
12/15/2016 12/15/16 Sold $792,000 0.0% $98 / Sq Ft
12/14/2016 12/14/16 Pending -- -- --
12/14/2016 12/14/16 For Sale $792,000 0.0% $98 / Sq Ft
10/03/2016 10/03/16 Rented $550 0.0% --
10/03/2016 10/03/16 Under Contract -- -- --
10/02/2016 10/02/16 For Rent $550 0.0% --
06/01/2016 06/01/16 Rented $550 0.0% --
06/01/2016 06/01/16 For Rent $550 0.0% --
04/27/2016 04/27/16 Rented $550 0.0% --
04/27/2016 04/27/16 For Rent $550 +11.1% --
02/29/2016 02/29/16 Rented $495 0.0% --
02/29/2016 02/29/16 For Rent $495 0.0% --
02/09/2016 02/09/16 Rented $495 0.0% --
02/09/2016 02/09/16 For Rent $495 0.0% --
02/04/2016 02/04/16 Rented $495 -16.8% --
02/01/2016 02/01/16 Under Contract -- -- --
01/15/2016 01/15/16 For Rent $595 0.0% --
12/31/2015 12/31/15 Sold $650,000 +144344.4% $29 / Sq Ft
12/31/2015 12/31/15 Pending -- -- --
10/28/2015 10/28/15 Rented $450 0.0% --
10/28/2015 10/28/15 For Rent $450 0.0% --
09/11/2015 09/11/15 Rented $450 -99.9% --
08/12/2015 08/12/15 Under Contract -- -- --
07/22/2015 07/22/15 For Sale $795,000 0.0% $35 / Sq Ft
05/20/2015 05/20/15 For Rent $450 0.0% --
12/18/2014 12/18/14 Rented $450 0.0% --
12/11/2014 12/11/14 Under Contract -- -- --
09/23/2014 09/23/14 For Rent $450 0.0% --
08/08/2014 08/08/14 Rented $450 0.0% --
08/01/2014 08/01/14 Under Contract -- -- --
07/24/2014 07/24/14 For Rent $450 +12.5% --
04/29/2014 04/29/14 Rented $400 0.0% --
04/16/2014 04/16/14 Under Contract -- -- --
02/04/2014 02/04/14 For Rent $400 -- --
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: CAR3102597

Canopy MLS (Canopy Realtor® Association)

APN: 5630 03 5920