154 156 Tournament Drive SW
Concord, NC 28025
- 4 beds
- 2 baths
- 1,390 sqft
- 8,329 sqft lot
- $93 per sqft
- 1930 build
- – on site
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Back on the market- Must arrange an exterior inspection before making an offer to be comfortable with foundation work needing to addressed- Fully rented duplex for sale a few blocks from downtown Concord. Two shotgun style 2BR/1BA, 695SF units. Basic finishes include tile/laminate floors, laminate counters, insulated vinyl windows, and stoves/refrigerators. Area has seen faster than market increase in values with full renovations and new homes built. Great rental history with very little vacancy over the past 10 years. Rents are now $895 & $840. 2023 cap rate at $159k was 9.4 with a management co. Self-managed potential is currently 10.5 cap rate. Walking the exterior and crawlspace is permitted during daylight hours. Please do not disturb tenants as both sides are occupied. Only CASH offers are being accepted.
Last checked:
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Last updated Jun 21, 2024
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MLS# 4100321 —
The Building
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Year Built:1930
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New Construction:false
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Construction Type:Site Built
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Subtype:Duplex
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Construction Materials:Aluminum, Vinyl
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# of Units Total:2
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Roof:Shingle
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Foundation Details:Crawl Space
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Stories:1
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Basement:false
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Patio And Porch Features:Covered, Deck, Front Porch
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Window Features:Insulated Window(s)
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Security Features:Smoke Detector(s)
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Building Area Total:1390
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Above Grade Finished Area:1390
Interior
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Flooring:Tile
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Living Area:1390
Location
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Directions:From 85- take 601 East to Left on Church St into the center of downtown Concord, Right on Corban Ave, Left on Spring St, Right on Ring St, Left onto Tournament. House on the right
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Latitude:35.405245
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Longitude:-80.579045
The Property
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Type:Residential Income
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Lot Features:Sloped
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Lot Size Area:0.1912
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Lot Size Units:Acres
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Zoning Specification:RC
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Zoning:RC
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:None, Paved
Listing Agent
- Contact info:
- Agent phone:
- (704) 661-9119
- Office phone:
- (704) 980-9266
Taxes
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Parcel Number:5620-96-4153-0000
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Tax Assessed Value:47860
Beds
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Bedrooms Total:4
Baths
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Full Baths:2
The Listing
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Special Listing Conditions:Subject to Lease
Heating & Cooling
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Heating:Ductless, Natural Gas, Wall Furnace
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Cooling:Window Unit(s)
Utilities
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Utilities:Cable Available, Electricity Connected, Gas
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Electric Range, Refrigerator
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Laundry Features:Electric Dryer Hookup, In Kitchen, Washer Hookup
Schools
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Elementary School:Unspecified
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Middle School:Unspecified
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High School:Unspecified
The Community
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Community Features:Sidewalks
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Restrictions:Livestock Restriction
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HOA Subject To:None
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Senior Community:false
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Pets Allowed:Yes
Parking
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Parking Features:On Street
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/17/24
May 17, 2024
|
Sold | CMLS | $130,000 | -12.8% |
|
4/1/24
Apr 1, 2024
|
Pending | CMLS | $149,000 | |
|
3/30/24
Mar 30, 2024
|
Relisted | CMLS | $149,000 |
