49 Corban Sw Avenue, Concord, NC 28025
- $1,900,000
- 14
- BD
- 9,216
- SqFt
Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com
- List Price
- $1,900,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 122
- MLS#
- 4382158
- Year Built
- 1927
- Bedrooms
- 14
- Full Baths
- 14
- Living Area
- 9,216
- Lot Size
- 18,992
- Acres
- 0.44
Property Description
100% occupied with a current rent roll of $186,840 per year, 49 Corban Ave is an irreplaceable 14-unit multifamily asset located in the heart of Downtown Concord. The property offers a rare combination of in-place income and meaningful upside, with room to continue increasing rents to market. Full of timeless character and tasteful updates, the property features 9 of 14 units already renovated with modern finishes, along with significant capital improvements completed by current ownership. Positioned directly adjacent to the Downtown Concord Social District and surrounded by over $200M in completed and ongoing public and private investment, 49 Corban Ave offers investors a rare opportunity to own a generational downtown corner asset with in-place cash flow and a clear path to continued NOI growth.
Additional Information
- Zoning
- RC
- Appliances
- Electric Range, Refrigerator
- Heating
- Natural Gas, Other - See Remarks
- Air Conditioning
- Window Unit(s)
- Exterior Construction
- Site Built
- Roof
- Architectural Shingle, Rubber
- Foundation
- Basement
- Parking
- Parking Lot
- Garage Spaces
- 1
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
Mortgage Calculator
“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
Last Updated: