For Sale $225,000
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.
| List Price: | $225,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1152 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4424970 |
| Subdivision: | Brooklyn |
| Bathrooms: | 2 |
| Year Built: | 1996 |
| Sewer Type: | Public Sewer |
| Elementary: | R Brown McAllister |
| Middle: | Concord |
| High: | Concord |
| Date | Event | Price | $/SQFT |
| 09-18-2026 | Listed | $225,000 | $196 |
| 12-11-2025 | Listed | $700,000 | $608 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| R Brown McAllister Elementary | 1 miles | KG-05 | 4 |
| Coltrane-Webb Elementary | 1 miles | KG-05 | 5 |
| W M Irvin Elementary | 2 miles | PK-05 | 2 |
| Beverly Hills Elementary | 3 miles | KG-05 | 6 |
| Weddington Hills Elementary | 4 miles | KG-05 | 6 |
| Rocky River Elementary | 4 miles | PK-05 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 420 Maiden Lane, Concord NC | 0 mi | $225,000 | days | |
| 379 Maiden Lane, Concord NC | 0.1 mi | $270,000 | days | |
| 315 Broad Drive, Concord NC | 0.1 mi | $189,900 | days | |
| 325 Lincoln Street, Concord NC | 0.1 mi | $293,900 | days | |
| 251 Salem Street, Concord NC | 0.2 mi | $269,900 | days | |
| 173 - 175 Booker Drive, Concord NC | 0.2 mi | $249,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By COMPASS
420 Maiden Lane, Concord NC is a 1152 ft2 on a 0.140 acres Appraisal lot. This is for $225,000. This has 3 bedrooms, 2 baths, and was built in 1996.
Based on information submitted to the MLS GRID as of 2026-09-18 21:00:02 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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