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$1,525,000
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Property Description
Exceptional Investment Opportunity! This 10-unit apartment complex in the heart of Concord features 2-bedroom, 1-bathroom units, each approximately 800 sq. ft. Eight of the units have been fully renovated with luxury vinyl plank flooring, granite countertops, stainless steel appliances, and modern cabinetry. Upper units boast new decks, while lower units offer private patios, enhancing tenant satisfaction. The remaining two units, one partially renovated and the other leased month-to-month, provide immediate value-add potential. Located in a prime area near shopping, dining, and major highways, this well-maintained complex offers stable cash flow with room for rental growth. Don't miss this turnkey investment in Concord's high-demand rental market!
Full Property Details
Full Property Details for 320 Hamilton Dr NE
General
- Sold For: $1,525,000
- Status: Closed
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4186472
- Added to Site: 87 day(s) ago
Interior
- Appliances: Bar Fridge, Dishwasher
- Flooring: Vinyl
Parking
- Parking Features: Parking Lot
Location
- County: Cabarrus
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Wood
- Year Built: 1999
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Open Lot
- Rcmdd Zoning: RC
- Fencing (Description): Partial
Disclosures and Reports
- Inclusions: Building, Land
- Property ID: 5621-82-1618-0000
- Lot Number: 16160-21
Listed by Redwood Realty Group LLC
Sold by Keller Williams Select
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Schools
Schools serving 320 Hamilton Dr NE
School District:Cabarrus County Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1400 Gold Rush Dr Ste A, Concord, NC 28025 | PK-5 | 1.8 mi | |
1500 Gold Rush Dr Ste A, Concord, NC 28025 | 6-8 | 1.8 mi | |
481 Burrage Rd Ne, Concord, NC 28025 | 9-12 | 0.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 320 Hamilton Dr NE
Date
Details
Price
Change
Source
12/13/2024
Sold
$1,525,000
-4.39%
MLS
9/27/2024
Listed
$1,595,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
320 Hamilton Drive NE, Concord, NC 28025 (MLS# 4186472) is a Commercial property that was sold at $1,525,000 on December 13, 2024. Want to learn more about 320 Hamilton Drive NE? Do you have questions about finding other Commercial real estate for sale in Concord? You can browse all Concord real estate or contact a Coldwell Banker agent to request more information.