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$1,900,000

For Sale

2 months ago

49 Corban Ave Sw, Concord, NC

Condo

MLS® 4382158

14 Bed

14 Bath

9216 sqft

1 Parking

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 9216 sqft
Garage Yes
HOA Fees 
Taxes 
Days Active 46
Approx. Age 1927
Avg. Price Per Sqft $206
MLS® Number 4382158

Property Address: 49 Corban Ave Sw, Concord, NC, 28025-5134

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number4382158
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1927
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatNatural Gas, Other - See Remarks
A/CWindow Unit(s)

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
49 Corban Ave Sw, Concord, NC

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