NOT LISTED FOR SALE

96 Tribune Ave SW Concord, NC 28025

48 Beds
24 Baths
19,800 Sq Ft
2.1 Acres

Last Sold February 26, 2020

Last sale price $1,115,000 $56 Per Sq Ft

67 Days on Market

Highlights

  • Hilly Lot
  • Tile Flooring
  • Garden Home
  • R Brown Mcallister STEMElementary Rated A-
  • Level Lot

About This Home

As of February 2020

Location! Location! Location! Just a block from affluent Historic Concord! Tremendous upside potential with the right improvements for this class 'c' property. Twenty-Four (24) condo/garden-style apartments over three 2-story brick buildings with new architectural roofs. (Eight units per building.) 100% occupied! Current rental income over $176,000 per year! Optional onsite laundry available and water sub-metering potential for additional revenue opportunities. Contact Listing Agent for confidential rent roll and financials. Buyer Agency encouraged.

Last Listed By

Jim Townsend

Townsend Realty Group License #243042 Listed on: 10/10/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • Level Lot
  • Hilly Lot

Home Design

  • Garden Home
  • Slab Foundation
  • Vinyl Siding

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 24 Full Bathrooms

Listing and Financial Details

  • Tenant pays for all except water, cable
  • Rent includes garbage pick-up, sewer, water
  • Assessor Parcel Number 5630-04-5447-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Apartments
  • Architectural Style: Garden
  • Ratio Close Price By List Price: 0.74333
  • Ratio Close Price By Original Li: 0.74333
  • Ratio Current Price By Acre: 530952.38
  • Ratio Current Price By Sq Ft: 56.31
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 24
  • Total Bedrooms: 48
  • Flooring: Carpet, Laminate Tile, Tile, Vinyl
  • Total Sq Ft: 19800

Exterior Features

  • Construction: Brick Partial, Vinyl
  • Construction Type: Site Built

Garage/Parking

  • Driveway: Asphalt
  • Parking: Parking Space - 4+

Utilities

  • Heating: Central Air, Electric Hot Air, Window Unit
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

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

Lot Info

  • Lot Dimension: 290x397x184x145x89x64x148
  • Lot Features: Hilly, Level
  • Lot Size Area: 2.100
  • Parcel Number: 5630-04-5447-0000
  • Zoning Specification: RC

Rental Info

  • Rent Includes: Garbage Pick-up, Sewer, Water
  • Tenant Pays: All except water, Cable

Tax Info

  • Tax Value: 819830.00
  • Tax Location: Concord

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 24

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
02/26/2020 02/26/20 Sold $1,115,000 -25.7% $56 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $1,500,000 0.0% $76 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
10/10/2019 10/10/19 For Sale $1,500,000 -- $76 / 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: CAR3558864

Canopy MLS (Canopy Realtor® Association)