About This Home
This 5-bedroom, 2-bathroom single family at 522 W Concord Street in Morganton, NC is listed for $239,900 ($184 per sqft). Built in 1930, the home offers 1,307 sqft of living space on a 0.20 acres lot.
Key Features
- Built in 1930
- 0.20 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Income-Producing Investment Opportunity - Motivated Seller Income-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.
Monthly Cost Estimate
$1,283/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
522 W Concord Street
Morganton, NC 28655
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 2-bathroom single family at 522 W Concord Street is listed at $239,900 ($184/sqft). The estimated monthly payment is $1,283 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1930, 0.20 acre lot, 2 stories, Fireplace.
This property is listed by Freddy Karmatz and can be reached at 7278046058.
