522 W Concord ST, Morganton, NC 28655
522 W Concord ST, Morganton, NC 28655
522 W Concord ST, Morganton, NC 28655
522 W Concord ST, Morganton, NC 28655
522 W Concord ST, Morganton, NC 28655
522 W Concord ST, Morganton, NC 28655
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$ 260,000
Est. payment | /mo

5 Beds

2 Baths

1,307 SqFt


Save
$ 260,000
Est. payment | /mo
Save

5 Beds

2 Baths

1,307 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,307 sqft

Price per Sqft $198

MLS Listing ID 4369866

Bedrooms 5

Full Baths 2

Abv Grd Liv Area 1,307

Year Built 1930

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Single Family Residence

Property Description

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.

Location

State NC

County Burke

Zoning R-3

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 3

Main Level Primary Bedroom

Main Level Bedroom(s)

Main Level Bedroom(s)

Upper Level Bedroom(s)

Upper Level Bedroom(s)

Main Level Bathroom-Full

Main Level Kitchen

Upper Level Bathroom-Full

Main Level Living Room

Interior

Heating Central

Cooling Window Unit(s)

Fireplace true

Appliance Electric Oven, Electric Range

Laundry In Kitchen

Exterior

Roof Type Metal

Street Surface Gravel,Concrete,Paved

Garage false

Building

Lot Description Corner Lot, Level

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Level or Stories Two

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Acceptable Financing Cash, Conventional, Private

Listing Terms Cash, Conventional, Private

Special Listing Condition None

Listed by Freddy Karmatz • FK and Associates Real Estate Firm • freddy@fkandassociates.com

Nearby Locations

Nicole Turner

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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522 W Concord ST