668 Faith Drive Southwest

Concord, NC 28027

$481,500
Last Sold Price
8
Beds
4
Baths
3,068 Sq. Ft.
$157 / Sq. Ft.
3,068
Sq. Ft.
$157
per Sq. Ft.

Description

GREAT INVESTMENT OPPORTUNITY!! Are you looking to start or expand your real estate portfolio? Now is your chance to snag a reasonably priced investment property in booming Concord, NC. Situated on .62 acres just 3 miles from the center of downtown Concord is a renovated quadruplex, which houses 4 spacious 2 bed, 1 bath units.
This is an ideal purchase for the next investor due to many updates throughout the years ownership. (Completed 2018-2019: new roof, new vinyl siding, new kitchen cabinets, new
...GREAT INVESTMENT OPPORTUNITY!! Are you looking to start or expand your real estate portfolio? Now is your chance to snag a reasonably priced investment property in booming Concord, NC. Situated on .62 acres just 3 miles from the center of downtown Concord is a renovated quadruplex, which houses 4 spacious 2 bed, 1 bath units.

This is an ideal purchase for the next investor due to many updates throughout the years ownership. (Completed 2018-2019: new roof, new vinyl siding, new kitchen cabinets, new appliances, new LVP flooring, and more). Plus an additional storage building for tenant storage.

Listing Agent

  1. Boston Reid

    Boston Reid

    Listing Agent

    Compass

Property Details for 668 Faith Drive Southwest

Zoning Description
RC
Parking Features
Parking Lot

Location

Sold By EXP REALTY LLC

Add your commute
LISTING UPDATED: 08/30/2022 04:59 PM

Property Details for 668 Faith Drive Southwest

StatusClosed
MLS #3873642
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass Type-
MLS TypeSale / Residential / Building / 5
Year Built1983
Lot Size0.62 AC / 27,007 SF
CountyCabarrus County

Location

Sold By EXP REALTY LLC

Add your commute

Virtual Tour

Building Information for 668 Faith Drive Southwest

Stories-Residences-Year Built1983Lot Size0.62 AC / 27,007 SF

Payment Calculator

$2,798 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,628

Property Taxes

$170

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 668 Faith Drive Southwest

Summary
Location and General Information
  • Longitude: -80.590371
  • Geocode Source: Manual
  • Latitude: 35.374123
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $167,200.00
  • Parcel Number: 5529-54-9837-0000
School Information
  • Middle Or Junior School: J.n. Fries
  • High School: West Cabarrus
  • Elementary School: Wolf Meadow
Parking
  • Main Level Garage: No
Virtual Tour
Property
Lot Information
  • Structure Type: Fourplex
  • Below Grade Finished Area: 0.0
  • Lot Features: Cul-De-Sac, Level
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • New Construction: No
  • Photos Count: 14
  • Road Responsibility: Public Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Property Features: Dishwasher,Porch/Patio,Range/Oven,W/D Connection
  • Exterior Features: Storage
  • Construction Materials: Vinyl Siding
  • Road Surface Type: Asphalt
Interior Features
  • Appliances: Dishwasher, Electric Range, Microwave, Oven
  • Water Heater: Electric
  • Heating: Baseboard, Window Unit(s)
  • Laundry Features: Main Level
  • Flooring: Vinyl
  • Foundation Details: Crawl Space
Multi Family
Multi-Family Information
  • Unit Count: 4
  • Number Of Units Total: 4
Unit 1
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 767
  • Unit Rooms: Kitchen,Living Room
Unit 2
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 767
  • Unit Rooms: Kitchen,Living Room
Unit 3
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 767
  • Unit Rooms: Kitchen,Living Room
Unit 4
  • Baths Full: 1
  • Beds Total: 2
  • SqFt Total: 767
  • Unit Rooms: Kitchen,Living Room
Rental
Rent Information
  • Tenant Pays: Cable TV, Electricity, Garbage Pick-up, Water
  • Rent Includes: Exterior Maintenance, Management, See Remarks
  • Pets Allowed: Conditional

Property History for 668 Faith Drive Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 668 Faith Drive Southwest

Taxable ValueLand$30,000Additions$228,490Total$258,490
Tax Record2023$2,040 ($170 / month)
Home Facts
Total Finished SqFt3,544 SqFtAbove Grade Finished SqFt3,544 SqFtStories2Lot Size27,443 SqFtStyleMulti-Family Res (5+ Units)Year Built1983Year Renovated2008ZoningRCCountyCABARRUSAPN5529 54 9837Fireplace TypeHas Fireplace

Schools near 668 Faith Drive Southwest

This home is within Cabarrus County School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 12
Public - 9 to 12
Rating
School
Distance
Wolf Meadow Elementary
PublicK to 5

J N Fries Middle School
Public6 to 8

Performance Learning Center
Public6 to 12

Cabarrus-Kannapolis Early College
Public9 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.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.