Income-Producing Investment Opportunity ? Motivated SellerIncome-producing opportunity at 522 W Concord St, Morganton, NC featuring 5 bedrooms and 2 full bathrooms with long-term tenants in place for approximately 10 years. This property offers immediate rental income and presents an excellent addition to any investor's portfolio.Currently rented for $2,100 per month, this property stands out due to the large 5-bedroom layout, offering flexibility and strong rental appeal compared to typical smaller rental properties. The value is in the size and bedroom count, providing long-term potential for sustained tenant demand.With stable tenancy already in place, this property is well-suited for investors seeking a reliable buy-and-hold opportunity.Conveniently located near local amenities, shopping, and major roadways, this property offers continued rental appeal in the Morganton area. Close to School for Math and Science, I40, Walmart Shopping Center, Gas Station, Grocery Store, Day School and Elementary.
Listed By
Agency Name: FK and Associates Real Estate Firm
Agency Contact: freddy@fkandassociates.com
Shown By
Agency Title: Lake Norman Realty
Agency Phone: 704-450-1175
Estimated Payment
$ 1,459.66 per month $1,383.83 Principal & Interest $0.00 Property Tax (data not provided by mls) $75.83 Homeowner's InsuranceIf you're searching for your next home, or just curious about the market there is no better tool to help you quickly find homes that meet your needs and wants.
522 W Concord Street | MLS# 4369866
This single family home located at 522 W Concord Street, Morganton, NC 28655 is currently listed for sale with an asking price of $260,000. This property was built in 1930 and has 5 bedrooms and 2 full baths with 1307 sq. ft. Search Morganton real estate on www.lakenormanrealty.com today.