161 Cannon Ave NW Concord, NC 28025

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.