338 Magnolia Street Northwest

Concord, NC 28025

$243,900
Price
4
Beds
2
Baths
1,383 Sq. Ft.
$176 / Sq. Ft.
1,383
Sq. Ft.
$176
per Sq. Ft.

Description

Investment Opportunity! All Brick, easy to maintain duplex located in a great rental area of Concord. Both units are freshly painted & feature 2 bedrooms,1 bath, LR, kitchen & laundry area. The LR's & BR's have hardwood floors & ceiling fans, Kitchens w/new stoves & refrigerators, window unit a/c's & furnaces. Unit 338 is currently on a month to month lease, while unit 340 is vacant, cleaned & ready to rent making this duplex a turnkey investment for immediate income! This property is being sold...Investment Opportunity! All Brick, easy to maintain duplex located in a great rental area of Concord. Both units are freshly painted & feature 2 bedrooms,1 bath, LR, kitchen & laundry area. The LR's & BR's have hardwood floors & ceiling fans, Kitchens w/new stoves & refrigerators, window unit a/c's & furnaces. Unit 338 is currently on a month to month lease, while unit 340 is vacant, cleaned & ready to rent making this duplex a turnkey investment for immediate income! This property is being sold "as is". The seller has worked diligently to prepare it for sell in great condition & is not aware of any current issues. The home is located just 1.5 miles from downtown Concord, which is undergoing significant renovations & improvements & less than a mile to Gibson Mills, home to restaurants, breweries, shops & more. Unit 338 is tenant occupied & will not be shown until an acceptable offer has been received. See addil't duplex for sale next door at 297 Moore Dr/346 Magnolia St.
  1. Listed by Christine Stewart • Allen Tate Concord • christine.stewart@allentate.com

Property Details for 338 Magnolia Street Northwest

Parking Features
Parking Space(s)
LISTING UPDATED: 11/23/2024 10:02 AM

Property Details for 338 Magnolia Street Northwest

StatusActive Under Contract
MLS #4186196
Days on Market8
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1900
Lot Size0.13 AC / 5,662 SF
CountyCabarrus County

Building Information for 338 Magnolia Street Northwest

Stories-Residences-Year Built1900Building Size-Lot Size0.13 AC / 5,662 SF

Property Information for 338 Magnolia Street Northwest

Summary
Location and General Information
  • Longitude: -80.598296
  • Zoning: RC
  • Latitude: 35.412536
  • Directions: 29 S, Left on McGill, right on Kerr, right on Moore Dr. Left on Magnolia. Duplex on Left
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $201,410.00
  • Parcel Number: 5620-38-7991-0000
  • City Taxes Paid To: Concord
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Total Spaces: 2.0
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage YN: No
  • Garage Main Level YN: No
Property
Lot Information
  • Above Grade Finished Area: 1383.0
  • Below Grade Finished Area: 0.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 37
  • 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
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Fencing: Back Yard, Barbed Wire, Fenced, Partial, Wood
  • Construction Materials: Brick Full, Vinyl
  • Patio And Porch Features: Covered, Front Porch
  • Road Surface Type: Dirt, Gravel, Paved
  • Roof: Composition
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Mud Room, Inside, Washer Hookup
  • Fireplace YN: No
  • Flooring: Vinyl, Wood
  • Foundation Details: Crawl Space
  • Basement YN: No
Multi Family
Multi-Family Information
  • Unit Type: 2 Bedroom
  • Unit Room Type: Living Room, Mud, Laundry, Bathroom(s), Bedroom(s), Primary Bedroom, Kitchen
  • Number Of Units Total: 2
Rental
Rent Information
  • Tenant Pays: All Utilities
  • Pets Allowed: Yes

Property History for 338 Magnolia Street Northwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 338 Magnolia Street Northwest

Taxable ValueLand$47,700Additions$153,710Total$201,410
Tax Record2024$2,006 ($167 / month)
Home Facts
Total Finished SqFt1,580 SqFtAbove Grade Finished SqFt1,580 SqFtStories1Lot Size5,616 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated1990ZoningRCCountyCABARRUSAPN5620 38 7991Fireplace TypeHas Fireplace

Schools near 338 Magnolia Street Northwest

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

Concord Middle
Public6 to 8

Concord High
Public9 to 12

Cabarrus Co 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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Allen Tate Concord

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