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$1,695,000

Beds
Unknown
sq ft
7,508

315 Hamilton Drive Northeast, Concord, NC 28025

315 Hamilton Drive Northeast

Concord, NC 28025

  • 13 days on market
Turn-key investment opportunity close to downtown Concord in the Brookwood community. Eight units completely renovated and improved with a modern Old English touch. Exterior freshly painted and parking lot recently resealed and striped. Seven of eight units currently leased, with the eighth listed for lease. Excellent income potential with property management company in place for a seamless transition should buyer so choose. Each unit has laundry in kitchen, and outside storage closet. Off street parking and all units individually metered for power and water. Trash and landscaping is landlord cost.

Details

Property type

Est. home value

$786,200

Lot size

Unknown

Price per sq ft

$226

Year built

1973

Price History

12/09/2024
CanopyMLS

CanopyMLS #4205906

Listed
$1,695,000
+78.42%
10/05/2023
CanopyMLS

CanopyMLS #4066211

Sold
$950,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Ifp Fund I Llc

Loan start date

October 2023

Original loan amount

$823,050

Est. remaining balance

Not provided

Interest rate

7.09%

Loan type

Commercial

Seller

Morehead Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 12:25 AM

Listing updated: 12/09/2024 at 11:14 AM

Listed by: Tim Harrell, Redwood Realty Group LLC Phone #: (704) 345-5112

MLS: CanopyMLS #4205906

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