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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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522 W Concord St , Morganton, NC 28655
$216,000
Est. Payment: $480.00/mo
5 Bed
2 Bath
1307 Sqft
Status: Active | Days on site: 63
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3378 - 36181,R41657
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Motivated Seller - AS-IS - NO REPAIRS - CASH ONLY - Currently rented for $2,100 per month. 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.
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Highlights

Listed by Freddy Karmatz , 727-804-6058 and Tristan Karmatz , 727-804-6058 FK and Associates Real Estate Firm , 727-804-6058.

Property Type

Residential
Lot/Acreage
0.2

Year Built

1930

County

Burke

Listing ID

4369866

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:5
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Electric Oven, Electric Range
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:1307
Below Ground Sq Ft:0
Other:
  • ▪ Additional:Has Fireplace, Master on Main
Water:City

Exterior Features

Lot:Corner Lot,Level
Roof:Metal
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$480
Taxes
$138

Home Price

$216,000

Loan Details

30 yrs
%

Down Payment

20%
$43,200
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$480.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $480.00 $137.70 $0.00 $617.70
Yearly $5,760.00 $1,652.40 $0.00 $7,412.40
Total $172,800.00 $49,572.00 $0.00 $222,372.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Morganton, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.