BEDS14
BATHS14 full
SQUARE FEET9,216
MLS#4382158
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property 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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Apartment, Basement Garage Door, Basement Shop, Partially Finished, Storage Space
Basement: Yes
Garage: 1
Heating: Natural Gas, Other - See Remarks
Lot Size: 0.44 Acres
Roof Type: Architectural Shingle, Rubber
Year Built: 1927
Feature Descriptions
Appliances: Electric Range, Refrigerator
Days on Site: 69
Exterior: Brick Full
Foundation: Basement
Laundry: None
Parcel#: 5620-96-1902-0000
Parking: Parking Lot
Pets Allowed: Conditional
Sewer: Public Sewer
Units: 14
Water: City
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: Britt Commercial Real Estate, LLC
Agency Contact: zbritt@brittcre.com
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (980) 808-9658
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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49 Corban Avenue Sw | MLS# 4382158
This multi-family property located at 49 Corban Avenue Sw, Concord, NC 28025 is currently listed for sale with an asking price of call for price. Search Concord real estate on edc.lakenormanrealty.com today.