Turn-key investment opportunity close to downtown Concord in the Brookwood community. Eight units completely renovated and improved with a modern Old English touch. Exterior freshly painted and parking lot recently resealed and striped. Seven of eight units currently leased, with the eighth listed for lease. Excellent income potential with property management company in place for a seamless transition should buyer so choose. Each unit has laundry in kitchen, and outside storage closet. Off street parking and all units individually metered for power and water. Trash and landscaping is landlord cost.
Closed
$1,430,000
315 Hamilton Dr NE, Concord, NC 28025
16beds
16baths
7,508sqft
Multi Family
Built in 1973
-- sqft lot
$-- Zestimate®
$190/sqft
$1,104 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,104/mo
Zestimate® history
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List your homeWhat's special
Modern old english touchOff street parkingOutside storage closetLaundry in kitchen
Zillow last checked:
Listing updated:
Listed by:
Tim Harrell tim.harrell@redwoodrg.com,
Redwood Realty Group LLC,
Sam Cowles,
JLF Management Group LLC
Bought with:
Glen Tucker
RE/MAX Leading Edge
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4205906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Central, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Refrigerator
- Laundry: In Kitchen
Features
- Flooring: Vinyl
- Windows: Insulated Windows
- Has basement: No
Interior area
- Total structure area: 7,508
- Total interior livable area: 7,508 sqft
- Finished area above ground: 7,508
- Finished area below ground: 0
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Storage
Lot
- Size: 0.56 Acres
Details
- Parcel number: 56217286920000
- Zoning: RC
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick Partial, Hardboard Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Location
- Region: Concord
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $336,310
- Annual tax amount: $2,257
- Date on market: 12/9/2024
- Cumulative days on market: 50 days
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2025 | Sold | $1,430,000-7.7%$190/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4205906 Report a problem | ||
| 1/28/2025 | Pending sale | $1,549,000$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 Report a problem | ||
| 1/21/2025 | Price change | $1,549,000-8.6%$206/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 Report a problem | ||
| 12/9/2024 | Listed for sale | $1,695,000+78.4%$226/sqft |
Source: Canopy MLS as distributed by MLS GRID #4205906 Report a problem | ||
| 10/5/2023 | Sold | $950,000+18.8%$127/sqft |
Source: Canopy MLS as distributed by MLS GRID #4066211 Report a problem | ||
| 9/8/2023 | Pending sale | $800,000$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4066211 Report a problem | ||
| 9/7/2023 | Listed for sale | $800,000+863.9%$107/sqft |
Source: Canopy MLS as distributed by MLS GRID #4066211 Report a problem | ||
| 3/1/1983 | Sold | $83,000+12.9%$11/sqft |
Source: Agent Provided Report a problem | ||
| 8/1/1979 | Sold | $73,500$10/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $2,257 | $322,460 |
| 2013 | $2,257 -38.2% | $322,460 |
| 2012 | $3,654 +66.7% | $322,460 -7.3% |
| 2011 | $2,193 | $348,030 |
| 2010 | $2,193 | $348,030 |
| 2009 | $2,193 +26% | $348,030 |
| 2007 | $1,740 +0.2% | $348,030 +26% |
| 2006 | $1,737 -0.2% | $276,250 |
| 2005 | $1,740 +18.9% | $276,250 |
| 2004 | $1,464 | -- |
Find assessor info on the county website
Neighborhood: 28025
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Nearby schools
GreatSchools rating
- 7/10W M Irvin ElementaryGrades: PK-5Distance: 1.8 mi
- 2/10Concord MiddleGrades: 6-8Distance: 1.8 mi
- 6/10Concord HighGrades: 9-12Distance: 0.7 mi
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- North Carolina
- Cabarrus County
- Concord
- 28025
- 315 Hamilton Dr NE
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