NOT LISTED FOR SALE

91 Glen Rae St SW Unit 95 Concord, NC 28025

9 Beds
6 Baths
3,600 Sq Ft
0.65 Acres

Last Sold March 20, 2024

Last sale price $625,000 $174 Per Sq Ft

4 Days on Market

Highlights

  • Breakfast Room
  • Living Room
  • Four Sided Brick Exterior Elevation
  • Cul-De-Sac
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of March 2024

Welcome to your dream investment opportunity! Nestled in a quiet neighborhood, this remodeled Triplex is a rare gem in this real estate market. Fully remodeled in 2021, this property boasts modernity, comfort, and endless potential.

Each unit of this Triplex offers a spacious layout with three bedrooms and two full baths, providing ample space for comfortable living. With 1,200 square feet, there's plenty of room for relaxation & entertainment. Whether you're seeking a residence-to-house hack for yourself or a lucrative investment opportunity, this property delivers on both fronts.

But the appeal doesn't end there. This property sits on a lot that offers more than just space—it offers opportunity. With the potential to subdivide the lot, you have a chance to maximize your investment by building another Triplex or Duplex right on the premises. The possibilities are endless, whether you're looking to build & expand your real estate portfolio or capitalize on rental income.

Last Agent to Sell the Property

Peter Gardner

Dane Warren Real Estate Brokerage Email: petegardner88@gmail.com License #310963 Listed on: 03/01/2024

Last Buyer's Agent

Michael Beirne

Austin-Barnett Realty LLC License #334011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • Cul-De-Sac

Home Design

  • Triplex
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,600 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room
  • Breakfast Room
  • Vinyl Flooring

Kitchen

  • Convection Oven
  • Electric Oven
  • Electric Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • Driveway
  • Parking Lot
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Underwood Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance
  • Assessor Parcel Number 5620-64-5374-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Year Built: 1959
  • Road Surface Type: Asphalt, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: petegardner88@gmail.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Vinyl
  • Room Other: Primary Bedroom,Bedroom(s),Bathroom(s),Kitchen,Living Room,Breakfast,Laundry
  • Appliances: Convection Oven, Dishwasher, Dual Flush Toilets, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Refrigerator, Microwave, Oven
  • Owner Pays: Exterior Maintenance
  • Above Grade Finished Sq Ft: 3600
  • Basement YN: No
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Door Features: Insulated Door(s), Sliding Doors
  • Living Area: 3600
  • Building Stories: 1
  • Window Features: Insulated Window(s)

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full, Concrete Block

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned, Driveway, Parking Lot, Parking Space(s)

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer, County Sewer
  • Laundry Features: Electric Dryer Hookup, Utility Room, Washer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Water Source: City, County Water

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Parcel Number: 5620-64-5374-0000
  • Zoning: RC
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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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
03/20/2024 03/20/24 Sold $625,000 +4.3% $174 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $599,300 -- $166 / 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: 4114503

Canopy MLS (Canopy Realtor® Association)

APN: 5620 64 5374