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Listing provided courtesy of FK and Associates Real Estate FirmMLS# 4369866MLS ProviderContact Information: [email protected]
  • 49 days on site
  • 0 views

Income-Producing Investment Opportunity – Motivated Seller Income-producing opportunity at 522 W Concord St, Morganton, NC featuring 5 bedrooms and 2 full bathrooms with long-term tenants in place for approximately 10 years. This property offers immediate rental income and presents an excellent addition to any investor’s portfolio. Currently rented for $2,100 per month, this property stands out due to the large 5-bedroom layout, offering flexibility and strong rental appeal compared to typical smaller rental properties. The value is in the size and bedroom count, providing long-term potential for sustained tenant demand. With stable tenancy already in place, this property is well-suited for investors seeking a reliable buy-and-hold opportunity. Conveniently located near local amenities, shopping, and major roadways, this property offers continued rental appeal in the Morganton area. Close to School for Math and Science, I40, Walmart Shopping Center, Gas Station, Grocery Store, Day School and Elementary.

Source: Canopy MLS, MLS#: 4369866

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  • Property Type
    Residential

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Ivester Jackson Christie's

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  • Median Age
    44
  • Population Density
    173
  • College Educated
    29%
  • Estimated Median Income
    $42,283
  • Estimated Total Home Owners
    15,960
  • Estimated Total Renters
    5,563
  • Owner / Renter Divide
    74% / 26%
  • Estimated Average Household Size
    2
  • Total Population
    55,375
  • 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 522 W Concord Street

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
6/26/2026Source: Canopy MLS Price Reduction
$239,900 -4.0%
5/18/2026Source: Canopy MLS Price Reduction
$249,900 -3.9%
5/11/2026Source: Canopy MLS Added to Database
May 11, 2026