Investors, add a proven cash-flowing property to your portfolio with this 3BR/2BA home that is just minutes to the heart of historic downtown Concord! This is a turnkey property with tenant already in place. Current lease is for $1,599/mo and runs through May 31, 2027. At nearly an 8.5% gross return in one of the fastest growing areas in the region, this is a great property in which to place your capital. LVP flooring throughout and stainless steel appliances. Partially fenced yard. Minutes to I-85, Concord Mills, and the growing Cabarrus County job base - a market benefitting from continued Charlotte-metro spillover demand. Serious investors only, tenant lease runs through May 31, 2027. To limit tenant inconvenience we will initially block time on Thursday, 9/24, for showings.
Based on the average sale price from the Hickory, NC office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
420 Maiden Lane Sw Concord, NC is a Single Family Home for sale at $225000 with 1152 sqft and a lot size of 0.14 Acres Acre(s). 420 Maiden Lane Sw Concord has 3 bedrooms, 2 baths and was built in 1996. The property's zip code is 28025 which is in Concord, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.