496 Gibson Drive Nw, Concord, NC 28025
Local realty services provided by:ERA Live Moore
Listed by: christina wright
Office: branch wealth partners, llc.
MLS#:4326751
Source:CH
496 Gibson Drive Nw,Concord, NC 28025
$286,000
- 4 Beds
- 2 Baths
- 1,845 sq. ft.
- Multi-family
- Active
Price summary
- Price:$286,000
- Price per sq. ft.:$155.01
About this home
INVESTOR SPECIAL!! Dangerously close to the 1% rule!! This property brings in around $29,000 annually… a CASH FLOWING PROPERTY! Check out this amazing DUPLEX right in the heart of Concord—multi-unit properties like this are incredibly rare. Ideally located on the corner of Brookwood and Gibson near Downtown Concord, Gibson Mill, Concord Mills, hospitals, major highways and more! With low-maintenance features and reliable tenants, it’s ready to start earning for you immediately.
Please respect the tenants’ privacy—no showings until a contract is negotiated and signed.
All tenants are currently on a month-to-month lease. Both units have newer cabinets, and the Gibson unit features updated flooring. Most electrical and plumbing systems have been recently upgraded. The seller covers water, which has consistently been under $150 per month. Landscaping is only $50/month, and there are no other maintenance expenses.
On 226 Brookwood side refrigerator only conveys.
On Gibson side both stove and refrigerator convey.
Rental income breakdown:
• 1-bedroom unit: $900/month (increasing to $950 on 5/1/26)
• 3-bedroom unit: $1,550/month (increasing to $1670 on 5/1/26)...
Contact an agent
Home facts
- Year built:1900
- Listing ID #:4326751
- Updated:March 23, 2026 at 01:18 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Kitchen Description:Electric Range, Oven, Refrigerator
- Living area:1,845 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1900
- Building area:1,845 sq. ft.
- Lot area:0.19 Acres
- Lot Features:Corner Lot
- Construction Materials:Vinyl
- Foundation Description:Crawl Space
Schools
- High school:Concord
- Elementary school:Beverly Hills
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$286,000
- Price per sq. ft.:$155.01
Parking
- Parking description:Driveway
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