420 Maiden Lane
Concord, NC 28025
Est. $1,429/mo20% down · 7.125% · 30-yrAdjust
- P&I$1,213
- Taxes$141
- Insurance$75
- PMI$0
- HOA$0
Principal, interest, property tax, insurance & HOA. Estimate only — not a loan offer.
$195/Sq Ft
3 bd · 2 ba · 1,152 sqft · $195/sqft
About This Home
Investors, add a proven cash-flowing property to your portfolio with this 3BR/2BA home that is just minutes to the heart of historic downtown Concord! This is a turnkey property with tenant already in place. Current lease is for $1,599/mo and runs through May 31, 2027.
At nearly an 8.5% gross return in one of the fastest growing areas in the region, this is a great property in which to place your capital. LVP flooring throughout and stainless steel appliances.
Partially fenced yard. Minutes to I-85, Concord Mills, and the growing Cabarrus County job base - a market benefitting from continued Charlotte-metro spillover demand. Serious investors only, tenant lease runs through May 31, 2027.
To limit tenant inconvenience we will initially block time on Thursday, 9/24, for showings.
Property history
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Sep 18, 2026Listed for sale $225,000 ActiveListed 1 Day
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Sep 8, 2021Sold $207,000 ClosedListed $199,500 · Aug 6, 2021 33 days on market
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Aug 6, 2021Previously listed $199,500 Closed
Show 6 more Show less
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Jul 31, 2021Price reduced $199,500 ClosedWas $199,900
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Jan 15, 2019Sold $119,100 ClosedListed $120,000 · Aug 24, 2018 144 days on market
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Nov 29, 2018Price reduced $120,000 ClosedWas $129,000
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Aug 24, 2018Previously listed $120,000 Closed
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Oct 17, 2016Sold $77,000 ClosedListed $77,000 · Sep 23, 2016 24 days on market
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Sep 23, 2016Previously listed $77,000 Closed
Property Details
Interior Details
- Heating
- Central
- Exclusions
- Kitchen faucet will remain with tenant
- Room Count
- 8
- Half Bathrooms
- 0
- Total Bathrooms
- 2
- Laundry Features
- Laundry Room
- Main Level Sq Ft
- 1152
- Main Level Bedrooms
- 3
- Main Level Full Baths
- 2
- Main Level Half Baths
- 0
Dwelling And Structure
- Construction Type
- Site Built
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 1152
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Construction Materials
- Vinyl
Lot And Land
- Lot Size Acres
- 0.14
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Crawl Space
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- City Taxes Paid To
- Concord
Zoning And Restrictions
- Zoning
- RC
Listed by Chip Jetton (704-608-1661) · COMPASS (704-364-1700)
Location
- Address
- 420 Maiden Lane
- City
- Concord, NC 28025
- Community
- Brooklyn
Schools
- Elementary
- R Brown McAllister
- Middle
- Concord
- High
- Concord
School assignments may change. Contact the school district to confirm.
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