400 E Concord Street Morganton, NC $ 525,000
400 E Concord Street
$ 525,000
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400 E Concord Street

Morganton, NC, 28655
$ 525,000
Bedrooms4 Baths4.2 Sq 2,725

Monthly Estimate*

$ 3,626

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Multi-Family Home for sale in Morganton, NC

for $525,000 with 4 bedrooms and 4 full baths, 2 half baths. This 2,725 square foot home was built in 1990 on a lot size of 0.27.

Attention Investors OR Owner-Occupants – Charming 2-Story Duplex near the heart of beautiful Downtown Morganton! Potential for great ROI as a short-term, mid-term, and/or long-term rental for Investors. Owner-Occupants could also have help with their mortgage payment through rental income! This desirable location is complete with community sidewalks that provide a quick walk to nearby shopping, restaurants, entertainment, and leisure. Architectural Roof and both HVACs are approximately 8 years old, New Windows in Unit A approximately 5 years ago, and New Water Heater in Unit B approximately 5 years ago. Both Units contain: 2BD/2.5BA, Washer/Dryer on Main Level, Master Suite, Dining Room, Attached Garage, Covered Front Porch, and Private Back Patio. Common area at top of driveway has fire pit and seating. Unit A has a bay window design, crawl space, and 1,335 sq ft of heated living area. Unit B has a basement garage with interior access, and 1,390 sq ft of heated living area. Currently owner-occupied with tenant in other side. Please ask agent for more details. UTILITIES: City of Morganton water/sewer/electric/garbage, and Compas Internet/Cable! Don't miss this opportunity to put your money to work and/or split your mortgage payment with a tenant. Please give at least 24-hour notice for showings, but don't wait.Schedule your showing today!

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Multi-Family Active

Price

$ 525,000

Bedrooms

4

Full Bath

4

Half Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Traditional

Lot Size

0.27

Year Built

1990

Town/City

Morganton

County/Region

Burke

MLS | Web ID

4442086

Features
General
Living Area 2725
Sewer Public Sewer
Heating Heat Pump
Cooling Heat Pump
Utilities Cable Available Electricity Connected Wired Internet Available Other - See Remarks
Roof Architectural Shingle
Appliances Dishwasher Electric Range Electric Water Heater Microwave Refrigerator
Development Status Completed
Zoning LID
Garage Spaces 2
Patio/Porch Features Covered Front Porch Patio Porch
Architectural Style Traditional
Construction Materials Brick Partial Wood
Pets Allowed Yes
Year Built 1990
Tenant Pays All Utilities
Stories Count 2
Property Subtype Duplex
Parcel Number 2703474706
Community Features Sidewalks Street Lights
County Burke
New Construction N
Property Type Residential Income
HOA N
Garage Y/N Y
Full Baths 4
Directions GPS
High School Freedom
City Morganton
Senior Community Y/N N
Number Of Units Total 2
Lot Size Units Acres
Carport Y/N N
Elementary School Hillcrest
Middle/Junior High School Walter Johnson
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 249652
Listing Terms Cash Conventional FHA Private Other - See Remarks
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Interior
Interior Amenities Other - See Remarks
Basement Interior Entry Partial Storage Space Unfinished
Flooring Carpet Tile Wood
Basement (Y/N) Y
Window Features Insulated Window(s)
Fireplace Y/N N
Above Grade Finished Area 2725
Half Baths 2
Laundry Features Laundry Closet Main Level
Total Bedrooms 4
Below Grade Finished Area 0
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Exterior
Exterior Amenities Fire Pit
Fencing Back Yard Partial Privacy
Parking Features Driveway Attached Garage Garage Faces Front Garage Faces Side On Street
Lot Features Level Sloped
Water Source City
Lot Size Area 0.27
Foundation Details Basement Crawl Space
Building Area Total 2725
Lot Dimensions 60x87x85x100x38x72
Road Surface Type Concrete Paved
Other Parking Each Unit has a single-car attached garage. Unit A is on main level Unit B is a basement garage with interior access.
Door Features Storm Door(s)
Road Responsibility Publicly Maintained Road
Main Level Garage YN Y
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Internal Only
Street Number 1 400
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* Excluded Features
List By
Rus/D Real Estate

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$3,626
Per Month
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Monthly Principal & Interest
$3,626
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2374414 Elementary School
1851554 Middle School
Freedom High School High School
Pricing History
DatePricePrice ChangeDescription
11/10/2026$525,000 Listed Price

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400 E Concord Street, Morganton, NC, 28655 is a Multi-Family Home for sale at $525,000 with 2,725 sqft and a lot size of 0.27. 400 E Concord Street has 4 bedrooms, 4.2 baths, and was built in 1990. The property's zip code is 28655 which is in Morganton, NC