522 W Concord Street, Morganton, NC 28655

$216,000
5
BD
2
BA
1,307
SqFt

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Listing courtesy of FK and Associates Real Estate Firm. freddy@fkandassociates.com

List Price
$216,000
MLS#
4369866
Status
ACTIVE
Days on Market
123
Property Type
Residential
Year Built
1930
Price Change
▼ $23,900 1783970243
Bedrooms
5
Bathrooms
2
Full Baths
2
Lot Size
8,712
Lot Size Area
0.2
Living Area
1,307
Sq Ft Total
1307
County
Burke
Subdivision
none
Special Conditions
None

Property Description

Motivated Seller - AS-IS - NO REPAIRS - CASH ONLY - Currently rented for $2,100 per month. 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.

Additional Information

Fireplace
Yes
Equipment
Electric Oven, Electric Range
Foundation
Crawl Space
Main Level Rooms
Primary Bedroom, Bedroom(s), Bedroom(s), Bathroom-Full, Kitchen, Living Room
Laundry Location
In Kitchen
Heating
Central
Water
City
Sewer
Public Sewer
Exterior Construction
Vinyl
Roof
Metal
Parking
Driveway
Driveway
Gravel, Concrete, Paved
Lot Description
Corner Lot, Level
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
1307
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

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