NC > Concord
Concord, NC 28025,161 Cannon AVE NW
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Concord, NC 28025,161 Cannon AVE NW
Concord, NC 28025,161 Cannon AVE NW
Concord, NC 28025,161 Cannon AVE NW
Concord, NC 28025,161 Cannon AVE NW
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Polly Leadbetter

Polly Leadbetter

Engel & Völkers Foothills & Lake James

+1(828) 443-5407
$ 375,000
Est. payment /mo
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Active Under Contract

161 Cannon AVE NW Concord, NC 28025

6 Beds

2 Baths

1,683 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,683 sqft

Price per Sqft $222

MLS Listing ID 4326767

Bedrooms 6

Full Baths 2

Abv Grd Liv Area 1,683

Year Built 1935

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Duplex

Property Description

Check out this amazing DUPLEX located on the corner of Cook and Cannon in the heart of Concord. Multi-unit properties like this are incredibly rare. Ideally located near Downtown Concord, Gibson Mill, Concord Mills, hospitals, Charlotte, major highways and more!

Completely renovated and permitted in 2024, this duplex is bringing in close to $40,000 annually... what a true CASH COW! Rents are $1,680/month for 161 Cannon and $1,670/month for 506 Cook St. Both tenants are current and happy.

This property was taken down to the studs and fully upgraded, even expanding the original layout. Each unit is a spacious 3-bedroom, 1-bath, with separate water and electric meters and individual washer/dryer hookups.

2024 updates include: electrical system, plumbing, windows, attic insulation, siding, wall insulation & sheetrock, flooring, cabinets, vanities, light fixtures, and a new architectural roof. All appliances to convey except washer and dryer are tenants.

Please respect the tenants' privacy—no showings until a contract is negotiated and signed. All tenants are currently on a month-to-month lease.

Location

State NC

County Cabarrus

Zoning RV

Interior

Heating Baseboard

Cooling Window Unit(s)

Appliance Dishwasher, Electric Range, Microwave, Oven, Refrigerator

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Waterfront Description None

Roof Type Architectural Shingle

Street Surface Gravel,Paved

Garage false

Building

Lot Description Corner Lot

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction false

Schools

Elementary Schools Beverly Hills

Middle Schools Concord

High Schools Concord

Others

Pets Allowed Conditional

Senior Community false

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Subject to Lease, None

© 2025 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Christina Wright • Branch Wealth Partners, LLC • christina@branchwealthpartners.com
Polly Leadbetter

Polly Leadbetter

Broker | License ID: pollyl

+1(828) 443-5407

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161 Cannon AVE NW