Listing provided courtesy of Branch Wealth Partners, LLCMLS# 4384073MLS ProviderContact Information: [email protected]
  • 38 days on site
  • 0 views

Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!

Source: Canopy MLS, MLS#: 4384073

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  • Property Type
    Residential

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Ivester Jackson Christie's

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  • Median Age
    40
  • Population Density
    509
  • College Educated
    37%
  • Estimated Median Income
    $58,257
  • Estimated Total Home Owners
    14,103
  • Estimated Total Renters
    6,048
  • Owner / Renter Divide
    70% / 30%
  • Estimated Average Household Size
    3
  • Total Population
    55,540
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 112 Academy Avenue NW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Canopy MLS Price Reduction
$174,997 -5.4%
6/10/2026Source: Canopy MLS Price Reduction
$184,997 -7.0%
5/22/2026Source: Canopy MLS Added to Database
May 22, 2026