Property
Beds
14
Full Baths
14
1/2 Baths
None
Year Built
1927
Sq.Footage
9,216
Located in the heart of Downtown Concord, this irreplaceable 14-unit multifamily asset offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.
Features & Amenities
Interior
-
Total Bedrooms
14
-
Bathrooms
14
-
Above Grade Finished Area
8016.0
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
Yes
-
Garage spaces
1
-
Construction Materials
Brick
-
Parking
Parking Lot
-
Pool
No
Area & Lot
-
Property Type
Residential Income
-
Property Sub Type
Apartment
Price
-
Sales Price
$1,900,000
-
Sq. Footage
9, 216
-
Price/SqFt
$206
HOA
-
Association
No
School District
-
Elementary School
Unspecified
-
Middle School
Unspecified
-
High School
Unspecified
Property Features
-
New Construction
NO
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Cabarrus
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Listing Courtesy of Zach Britt , Britt Commercial Real Estate, LLC
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