Property
Beds
4
Full Baths
2
1/2 Baths
None
Year Built
1900
Sq.Footage
1,845
This property brings in around $29,000 annually… a CASH FLOWING PROPERTY! Check out this amazing DUPLEX right in the heart of Concord—multi-unit properties like this are incredibly rare. Ideally located on the corner of Brookwood and Gibson near Downtown Concord, Gibson Mill, Concord Mills, hospitals, major highways and more! With low-maintenance features and reliable tenants, it’s ready to start earning for you immediately. Please respect the tenants’ privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease. Both units have newer cabinets, and the Gibson unit features updated flooring. Most electrical and plumbing systems have been recently upgraded. The seller covers water, which has consistently been under $150 per month. Landscaping is only $50/month, and there are no other maintenance expenses. On 226 Brookwood side refrigerator only conveys. On Gibson side both stove and refrigerator convey. Rental income breakdown: • 1-bedroom unit: $900/month (increasing to $950 on 5/1/26) • 3-bedroom unit: $1,550/month (increasing to $1670 on 5/1/26)
Features & Amenities
Interior
-
Total Bedrooms
4
-
Bathrooms
2
-
Above Grade Finished Area
1845.0
-
Basement YN
NO
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Baseboard
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Parking
Driveway
-
Pool
No
Area & Lot
-
Lot Features
Corner Lot
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$288,000
-
Sq. Footage
1, 845
-
Price/SqFt
$156
HOA
-
Association
No
School District
-
Elementary School
Beverly Hills
-
Middle School
Concord
-
High School
Concord
Property Features
-
Senior Community YN
NO
-
Sewer
Public Sewer
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Location
County
Cabarrus
Elementary School
Beverly Hills
Middle School
Concord
High School
Concord
Listing Courtesy of Christina Wright , Branch Wealth Partners, LLC
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Kristen Harrill
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