NOT LISTED FOR SALE

108 Maple Ave NW Unit A&B Concord, NC 28027

9 Beds
8 Baths
4,093 Sq Ft
0.34 Acres

Last Sold January 08, 2025

Last sale price $830,000 $203 Per Sq Ft

6 Days on Market

Highlights

  • Traditional Architecture
  • Laundry closet
  • Four Sided Brick Exterior Elevation
  • Living Room
  • Tile Flooring
  • Central Air

About This Home

As of January 2025

This is a fantastic opportunity to acquire four well-maintained duplex units (2 buildings), built in 2014, located in a highly desirable area with strong rental demand. The property includes three 2-bedroom, 1.5-bath units and one 3-bedroom, 2-bath unit. Each unit is full brick exterior and features modern finishes, including granite countertops and tile flooring in the kitchens and bathrooms. With a proven track record of high occupancy, these duplexes offer immediate income potential, as all units are currently rented on month-to-month leases, except for the 3-bedroom unit, which is available for showings. Conveniently situated near shopping, restaurants, the interstate, and a hospital, these units are ideally located for attracting tenants. The property is well-maintained with minimal deferred maintenance. Whether you're a seasoned investor or new to the rental market, this property is a must-see with its quality construction, desirable location, and reliable income stream.

Last Listed By

Brandon Chase

Chase Real Estate Brokerage Email: brandon@chaserealestate.net License #249103 Listed on: 11/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 0.34

Parking

  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,093 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Laundry closet

Kitchen

  • Electric Oven
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Utilities

  • Central Air

Community Details

  • Parkwood Subdivision

Listing and Financial Details

  • Tenant pays for all except water
  • The owner pays for water
  • Assessor Parcel Number 5611-99-3947-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Architectural Style: Traditional
  • Year Built: 2014
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: brandon@chaserealestate.net
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Flooring: Carpet, Laminate, Tile
  • Room Other: Primary Bedroom,Bathroom(s),Kitchen,Living Room
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Owner Pays: Water
  • Above Grade Finished Sq Ft: 4093
  • Basement YN: No
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 9
  • Living Area: 4093
  • Building Stories: 2
  • Sq Ft Other: 128

Exterior Features

  • New Construction: No
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Assigned

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Laundry Features: Laundry Closet
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.34
  • Lot Size Units: Acres
  • Parcel Number: 5611-99-3947-0000
  • Zoning: RC
  • Plat Reference Section Pages: 0347
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RC

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $830,000 -2.4% $203 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/26/2024 11/26/24 For Sale $850,000 -- $208 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4202919

Canopy MLS (Canopy Realtor® Association)