420 Maiden Lane
Concord, NC 28025
$225,000 Active
Subdivision: Brooklyn

Investors, add a proven cash-flowing property to your portfolio with this 3BR/2BA home that is just minutes to the heart of historic downtown  Concord! This is a turnkey property with tenant already in place. Current lease is for $1,599/mo and runs through May 31, 2027. At nearly an 8.5% gross return in one of the fastest growing areas in the region, this is a great property in which to place your capital. LVP flooring throughout and stainless steel appliances. Partially fenced yard. Minutes to I-85, Concord Mills, and the growing Cabarrus County job base - a market benefitting from continued Charlotte-metro spillover demand. Serious investors only, tenant lease runs through May 31, 2027. To limit tenant inconvenience we will initially block time on Thursday, 9/24, for showings.

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Basic Information
MLS#: 4424970
Price: $225,000
Square Footage: 1,152
Bedrooms: 3
Bathrooms: 2 Full
Special Conditions: Subject to Lease
Acreage: 0.14
Year Built: 1996
Elementary School: R Brown McAllister
Middle School: Concord
High School: Concord
Details
Waterfront/water view: No
Parking: Driveway
HVAC: Central
Main level:   Bathroom-Full
Listing Courtesy Of: COMPASS - chip.jetton@compass.com

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