112 Academy Avenue NW, Concord, NC 28025
None · Cabarrus County
Key Facts
Description
Well-maintained investment opportunity just minutes from Downtown Concord! Built in 1965, this charming home offers immediate cash flow with a reliable long-term tenant currently on a 3-month lease paying $1,050/month, with potential for future rental upside as rent is currently below market value. The property has been thoughtfully maintained over the years, including a roof replaced in 2020, gutters replaced in 2022, and crawlspace sill replacement within the last 10 years. Interior flooring and carpet are both in great condition, making this a truly turnkey opportunity. Tenant handles much of the routine property maintenance, contributing to the home’s excellent condition and strong rental history. Features include a covered carport, all appliances conveying with the sale, and a convenient location near Downtown Concord, Gibson Mill, shopping, restaurants, entertainment, and easy access to major highways. Excellent opportunity for investors looking to add a solid income-producing property in a growing area!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Bungalow / Cottage / Ranch / Traditional
Year Built
1965
Living Area
932 sq ft
Zoning
RC
Days on Market
48
MLS® Listing#
4384073
Property Features
Appliances
Cooling
Heating
Flooring
Basement
Parking
Laundry
Fencing
Lot Features
Roof
Other Structures
Utilities
Sewer
Water Source
Schools
- Elementary:
- Coltrane-webb
- Middle:
- Concord
- High:
- Concord
Financial Details
HOA
None
Assessed Value
$128,810
Parcel Number
5620-69-2410-0000
Affordability Calculator
$32,089
Estimated monthly payment
$854/mo
Principal $128,358 · Est. interest $179,070 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Concord, NC
- $429,286
- Median Listing Price
- 58
- Median Days on Market
- 2,036
- Median Sq Ft
- $208
- Median Price / Sq Ft
- 435
- Active Listings
- This home’s price is 63% below the area median.
- Its price per sq ft is 17% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Concord, NC.
Location
Points of Interest in Concord, NC
Showing the Concord area map.
Nearby Schools
Glenn Center
School · 0.1 mi away
Cabarrus County Schools
Secondary · 0.2 mi away
Cabarrus County Schools
Elementary · 0.3 mi away
Coltrane-Webb Elementary School
Elementary · 0.4 mi away
Bocca Felice
School · 0.5 mi away
Cabarrus Early College of Technology
Secondary School · 1.2 mi away
First Assembly Christian School
School · 1.3 mi away
Beverly Hills Elementary School
Elementary · 1.3 mi away
Concord Academy
School · 1.4 mi away
Concord High School
Secondary · 1.4 mi away
R. Brown McAllister Stem Elementary School
Elementary · 1.8 mi away
Cabarrus County School
School · 1.8 mi away
Dixon Academy
School · 1.9 mi away
Concord Middle School
Secondary · 2.1 mi away
WM Irvin Elementary
Elementary · 2.1 mi away
Winecoff Elementary
Elementary · 2.8 mi away
A+ Preschool
School · 3.0 mi away
New Life Christian Academy
School · 3.1 mi away
Covenant Classical School
School · 3.1 mi away
JN Fries Magnet School
Secondary · 3.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2900 Irish Potato Road, Concord, NC | $130,000 | 3 | 2 | 1,100 |
| 115 Eastcliff Drive SE #4, Concord, NC | $142,400 | 2 | 2 | 1,024 |
| 1 Buffalo Avenue NW 86, Concord, NC | $168,900 | 2 | 2 | 910 |
| 115 Red Bud Place NW, Concord, NC | $170,000 | 2 | 2 | 885 |
| 174 Cannon Avenue NW, Concord, NC | $175,000 | 2 | 1 | 808 |
| 47 Edgewood Avenue NE B-8, Concord, NC | $175,000 | 2 | 2 | 950 |
Moving Cost Estimate
EXIT Agents in Concord
Listing Courtesy: Branch Wealth Partners, LLC - christina@branchwealthpartners.com
Last Updated: 2026-05-22
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