$357,000
$375,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
2 Baths
1,683 SqFt
SOLD DATE : 12/31/2025
Key Details
Sold Price $357,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,683 sqft
Price per Sqft $212
MLS Listing ID 4326767
Sold Date 12/31/25
Bedrooms 6
Full Baths 2
Abv Grd Liv Area 1,683
Year Built 1935
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Duplex
Property Description
Check out this amazing DUPLEX located on the corner of Cook and Cannon in the heart of Concord. Multi-unit properties like this are incredibly rare. Ideally located near Downtown Concord, Gibson Mill, Concord Mills, hospitals, Charlotte, major highways and more!
Completely renovated and permitted in 2024, this duplex is bringing in close to $40,000 annually... what a true CASH COW! Rents are $1,680/month for 161 Cannon and $1,670/month for 506 Cook St. Both tenants are current and happy.
This property was taken down to the studs and fully upgraded, even expanding the original layout. Each unit is a spacious 3-bedroom, 1-bath, with separate water and electric meters and individual washer/dryer hookups.
2024 updates include: electrical system, plumbing, windows, attic insulation, siding, wall insulation & sheetrock, flooring, cabinets, vanities, light fixtures, and a new architectural roof. All appliances to convey except washer and dryer are tenants.
Please respect the tenants' privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease.
Location
State NC
County Cabarrus
Zoning RV
Interior
Heating Baseboard
Cooling Window Unit(s)
Appliance Dishwasher, Electric Range, Microwave, Oven, Refrigerator
Laundry Electric Dryer Hookup, Washer Hookup
Exterior
Waterfront Description None
Roof Type Architectural Shingle
Street Surface Gravel,Paved
Garage false
Building
Lot Description Corner Lot
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Vinyl
New Construction false
Schools
Elementary Schools Beverly Hills
Middle Schools Concord
High Schools Concord
Others
Pets Allowed Conditional
Senior Community false
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Subject to Lease, None
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Bought with Kim Christenbury • Ivy and Trellis LLC
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