49 Corban AVE SW, Concord, NC 28025
49 Corban AVE SW, Concord, NC 28025
49 Corban AVE SW, Concord, NC 28025
49 Corban AVE SW, Concord, NC 28025
49 Corban AVE SW, Concord, NC 28025
49 Corban AVE SW, Concord, NC 28025
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$ 1,900,000
Est. payment | /mo

14 Beds

14 Baths

9,216 SqFt


Save
$ 1,900,000
Est. payment | /mo
Save

14 Beds

14 Baths

9,216 SqFt

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 9,216 sqft

Price per Sqft $206

MLS Listing ID 4382158

Bedrooms 14

Full Baths 14

Abv Grd Liv Area 8,016

Year Built 1927

Lot Size 0.436 Acres

Acres 0.436

Property Sub-Type Apartment

Property Description

Located in the heart of Downtown Concord, this irreplaceable 14-unit multifamily asset offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.

Location

State NC

County Cabarrus

Zoning RC

Rooms

Basement Apartment, Basement Garage Door, Basement Shop, Partially Finished, Storage Space

Interior

Heating Natural Gas, Other - See Remarks

Cooling Window Unit(s)

Appliance Electric Range, Refrigerator

Laundry None

Exterior

Garage Spaces 1.0

Roof Type Architectural Shingle,Rubber

Street Surface Asphalt,Paved

Garage true

Building

Dwelling Type Site Built

Foundation Basement

Sewer Public Sewer

Water City

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Special Listing Condition None

Listed by Zach Britt • Britt Commercial Real Estate, LLC • zbritt@brittcre.com

Nearby Locations

Porchia McMillan

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49 Corban AVE SW