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49 Corban Avenue Sw, Concord, NC 28025call for price

Sq. Feet: 9,216 Days on Market: 19 MLS#: 4382158 View Map

Comments for 49 Corban Avenue Sw, Concord, NC 28025

100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property 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.

Property Type: Multi Unit - Multiple Lot Dimensions: 0
Appliances: Electric Range, Refrigerator Lot Size: 0.44 Acres
Basement: Apartment, Basement Garage Door, Basement Shop, Partially Finished, Storage Space Parcel#: 5620-96-1902-0000
Basement: Yes Parking: Parking Lot
Days on Market: 19 Pets Allowed: Conditional
Exterior: Brick Full Roof Type: Architectural Shingle, Rubber
Foundation: Basement Sewer: Public Sewer
Garage: 1 Units: 14
Heating: Natural Gas, Other - See Remarks Water: City
Laundry: None Year Built: 1927
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By

Agency Name: Britt Commercial Real Estate, LLC
Agency Contact: zbritt@brittcre.com

Shown By

Agency Title: Craven & Company Realtors
Agency Phone: (704) 788-1122

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Mortgage Payment Calculation for 49 Corban Avenue Sw, Concord, NC 28025

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  • Est. Payment: $0.00 / per month

(Payments are an estimate and may vary by lender)

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