Sold
Last Sold Price
9 beds3,600 sqft$174/sqft
91 Glen Rae St SW, Concord, NC 28025
Multi FamilyProperty Type
0.65 acresLot Size
1959Year Built
$174/sq ftPrice per sq ft

Description

Welcome to your dream investment opportunity! Nestled in a quiet neighborhood, this remodeled Triplex is a rare gem in this real estate market. Fully remodeled in 2021, this property boasts modernity, comfort, and endless potential. Each unit of this Triplex offers a spacious layout with three bedrooms and two full baths, providing ample space for comfortable living. With 1,200 square feet, there's plenty of room for relaxation & entertainment. Whether you're seeking a residence-to-house hack for...Welcome to your dream investment opportunity! Nestled in a quiet neighborhood, this remodeled Triplex is a rare gem in this real estate market. Fully remodeled in 2021, this property boasts modernity, comfort, and endless potential. Each unit of this Triplex offers a spacious layout with three bedrooms and two full baths, providing ample space for comfortable living. With 1,200 square feet, there's plenty of room for relaxation & entertainment. Whether you're seeking a residence-to-house hack for yourself or a lucrative investment opportunity, this property delivers on both fronts. But the appeal doesn't end there. This property sits on a lot that offers more than just space—it offers opportunity. With the potential to subdivide the lot, you have a chance to maximize your investment by building another Triplex or Duplex right on the premises. The possibilities are endless, whether you're looking to build & expand your real estate portfolio or capitalize on rental income.
  • Listed by: • Dane Warren Real Estate petegardner88@gmail.com
Listing closed: 03/20/2024 12:00 AM • Source: CANOPY, MLS#: 4114503

Recent comparable sales

Median sold price

$570,000

Avg days on market

40

Sale-to-list ratio

90.3%

Concord, NC

9 comparable properties found

$545,000 | 391-399 Kerr Street Northwest, Concord, NC 28025
1/12
1

$545,000

Sold 02/10/26

9
Bedrooms
4,950
Square Feet
0.12
Acres
$830,000 | 108 Maple Avenue Northwest, Unit A&B, Concord, NC 28027
1/26
2

$830,000

Sold 01/08/25

9
Bedrooms
4,093
Square Feet
0.34
Acres
$570,000 | 26 South Street, Concord, NH 03301
1/53
3

$570,000

Sold 02/03/26

9
Bedrooms
3,853
Square Feet
0.26
Acres
a front view of a house
1/9
4

$645,000

Sold 04/10/26

7
Bedrooms
4,180
Square Feet
0.38
Acres
$625,000 | 745 Arbor Street Northeast, Concord, NC 28025
1/29
5

$625,000

Sold 04/24/25

5
Bedrooms
3,068
Square Feet
0.34
Acres
a front view of a house with a yard and garage
1/22
6

$515,000

Sold 09/11/25

4
Bedrooms
3,806
Square Feet
0.22
Acres
a front view of a house with a yard
1/44
7

$475,000

Sold 03/17/26

6
Bedrooms
3,770
Square Feet
0.28
Acres
$800,000 | 74 South State Street, Concord, NH 03301
1/29
8

$800,000

Sold 06/30/26

7
Bedrooms
3,669
Square Feet
0.17
Acres
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
1/49
9

$490,000

Sold 12/17/25

5
Bedrooms
1,958
Square Feet
0.21
Acres

Location

Listing Courtesy of Dane Warren Real Estate

Sold By Legacy Group of NC LLC

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Property Information for 91 Glen Rae Street Southwest

Property Details
  • MLS Type: Residential Income / Triplex
  • Parking Features: Assigned, Driveway, Parking Lot, Parking Space(s)
  • Subdivision Name: Underwood Park
Building Information
  • Year Built: 1959
  • Lot Size: 0.65 AC / 28,314 SF
Summary
Location and General Information
  • Longitude: -80.588715
  • Zoning: RC
  • Latitude: 35.400155
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $287,300.00
  • Parcel Number: 5620-64-5374-0000
  • City Taxes Paid To: Concord
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 3600.0
  • Below Grade Finished Area: 0.0
  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: Medium
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 26
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer, County Sewer
  • Water Source: City, County Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full, Concrete Block
  • Road Surface Type: Asphalt, Paved
  • Roof: Shingle
Interior Features
  • Appliances: Convection Oven, Dishwasher, Dual Flush Toilets, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Refrigerator, Microwave, Oven
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Utility Room, Washer Hookup
  • Fireplace YN: No
  • Door Features: Insulated Door(s), Sliding Doors
  • Window Features: Insulated Window(s)
  • Flooring: Vinyl
  • Foundation Details: Slab
  • Basement YN: No
  • Stories: 1
Multi Family
Multi-Family Information
  • Unit Type: 3 Bedroom
  • Unit Room Type: Bedroom(s), Primary Bedroom, Kitchen, Living Room, Bathroom(s), Laundry, Breakfast
  • Number Of Units Total: 3
Rental
Rent Information
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Property History for 91 Glen Rae Street Southwest

DateEvent & SourcePriceAppreciation
Mar 20, 2024

Closed

CANOPY #4114503

$625,000
Mar 19, 2024

Closed (Public Record)

Public Record #1528779687

$625,000

+58.4% / yr

Mar 1, 2024

Listed (Active)

CANOPY #4114503

$599,300
DateEvent & SourcePrice
03/20/2024

Closed

CANOPY #4114503

$625,000
03/19/2024

Closed (Public Record)

Public Record #1528779687

$625,000

+58.4% / yr

03/01/2024

Listed (Active)

CANOPY #4114503

$599,300

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 91 Glen Rae Street Southwest

Taxable ValueLand$64,000Additions$500,220Total$564,220
Home Facts
Total Finished SqFt4,186 SqFtAbove Grade Finished SqFt4,186 SqFtStories1Lot Size26,250 SqFtStyleMulti-Family Dwelling (2-4)Year Built1959Year Renovated2005ZoningRCCountyCABARRUSAPN5620 64 5374

Schools near 91 Glen Rae Street Southwest

This home is within Cabarrus County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
W M Irvin Elementary
PublicPK to 5

Concord Middle
Public6 to 8

West Cabarrus High
Public9 to 12

Cabarrus County Opportunity School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Dane Warren Real Estate

Based on information submitted to the MLS GRID as of 03/20/2024 04:39 PM. 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. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.