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496 Gibson Drive NW, Concord, NC 28025

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For Sale

$290,000

4 beds • 2 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

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 $30/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 units: $900/month - 3-bedroom unit: $1,550/month
MLS# 4326751

Courtesy Of Branch Wealth Partners, LLC

(704) 782-7272

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Oven, Refrigerator
  • Heating System
    Baseboard
  • Lot Size
    0.19 Acres

Map and Directions

Directions to 496 Gibson Drive NW, Concord, NC 28025

Home seller CENTURY 21 Russ Hollins Realtors

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Russ Hollins Realtors

(704) 983-2114
Learn More About Us

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Monthly Payment Breakdown

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  • Hazard Insurance
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.