49 Corban Sw Avenue, Concord, NC 28025
- $1,900,000
- 14
- BD
- 9,216
- SqFt
- List Price
- $1,900,000
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 4382158
- Days on Market
- 120
- Year Built
- 1927
- Bedrooms
- 14
- Full-baths
- 14
- Living Area
- 9,216
- Acres
- 0.44
Property 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.
/u.realgeeks.media/lorettarealty/header.png)
Additional Information
- Appliances
- Electric Range, Refrigerator
- Cooling
- Window Unit(s)
- Heating
- Natural Gas, Other - See Remarks
- Foundation
- Basement
- Roof
- Architectural Shingle, Rubber
- Exterior Finish
- Brick Full
- Parking
- Parking Lot
- Water
- City
- Sewer
- Public Sewer
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
Listing courtesy of Britt Commercial Real Estate, LLC. zbritt@brittcre.com
“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2026 Carolina Multiple Listing Services, Inc.”