668 Faith Drive SW
Concord, NC 28027
- – beds
- – baths
- 3,068 sqft
- ~3/4 acre lot
- $228 per sqft
- 1983 build
- – on site
Great investment opportunity! If you're looking to start or add to your real estate portfolio here is a property in fast growing Concord. Situated on .63 acres just 3 miles from downtown Concord is a renovated quadplex, which contains 4 spacious 2 bed, 1 bath units. This is an ideal purchase for the next investor due numerous updates which include: roof, vinyl siding, kitchen cabinets, appliances, LVP flooring, and more (2019 & 2020). Crawl space work and moisture barrier, sub flooring for bottom 2 units (2023). New HVAC for the 2 downstairs units (2023). Also includes additional storage building for tenant to rent for additional storage and income. All units rented for $1050 per mo. The rents should be $1250 + per mo. All have leases that end at different times. All renters are current have been paying on time. Please DO NOT DISTURB TENANTS. No showings until accepted offer per seller.
Last checked:
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Last updated Sep 2, 2024
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MLS# 4176146 —
The Building
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Year Built:1983
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New Construction:false
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Construction Type:Site Built
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Subtype:Fourplex
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Construction Materials:Vinyl
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# of Units Total:4
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Foundation Details:Crawl Space
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Stories:2
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Basement:false
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Building Area Total:3068
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Above Grade Finished Area:3068
Interior
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Living Area:3068
Location
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Latitude:35.374083
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Longitude:-80.590378
The Property
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Type:Residential Income
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Lot Size Area:0.63
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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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Exclusions:Any tenant owned properties
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Asphalt, Paved
Listing Agent
- Contact info:
- Agent phone:
- (781) 258-6182
- Office phone:
- (888) 584-9431
Taxes
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Parcel Number:5529-54-9837-0000
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Tax Assessed Value:258490
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Baseboard, Electric, Heat Pump, Other - See Remarks
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Cooling:Central Air, Window Unit(s), Other - See Remarks
Utilities
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Sewer:Public Sewer
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Water Source:City
Appliances
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Appliances:Dishwasher, Electric Range, Electric Water Heater
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Laundry Features:In Unit
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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HOA Subject To:None
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Senior Community:false
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Pets Allowed:Conditional
Parking
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Parking Features:Parking Lot
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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 |
|---|---|---|---|---|
|
8/29/24
Aug 29, 2024
|
Listed / Active | CMLS | $700,000 | 45.4% (22.7% / YR) |
|
8/30/22
Aug 30, 2022
|
CMLS | $481,500 | -3.7% | |
|
7/22/22
Jul 22, 2022
|
CMLS | $500,000 |
