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522 W Concord Street, Morganton, NC 28655

$260,000
  • 522 W Concord Street, Morganton, NC 28655 Main Photo

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New to the Market Active
BEDS5 BATHS2 full SQUARE FEET1,307 MLS#4369866
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

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.

Property Features

Property Type: Residential - Single Family
Heating: Central
Lot Size: 0.20 Acres
Roof Type: Metal
Year Built: 1930

Feature Descriptions

Appliances: Electric Oven, Electric Range
Exterior: Vinyl
Foundation: Crawl Space
Laundry: In Kitchen
Lot: Corner Lot, Level
Parcel#: 4378
Parking: Driveway
Sewer: Public Sewer
Water: City

Local Schools

High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified

Listed By / Shown By

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

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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 Insurance

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