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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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49 Corban Ave SW , Concord, NC 28025
$1,900,000
Est. Payment: $9,732.73/mo
14 Bed
14 Bath
9216 Sqft
Status: active with contingency | Days on site: 64
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Terri Bias, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Terri Bias
Operator/Brokerage Owner
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House 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.
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Highlights

Listed by Zach Britt , 615-971-1553 Britt Commercial Real Estate, LLC , 615-971-1553. Canopy MLS mls logo

Property Type

Multi-Family
Lot/Acreage
0.44

Year Built

1927

County

Cabarrus

Listing ID

4382158

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:14
  • ▪ Bathrooms:14
  • ▪ Full Bathrooms:14
Appliances:Electric Range, Refrigerator
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:8016
Below Ground Sq Ft:1200
Basement:Apartment,Basement Garage Door,Basement Shop,Partially Finished,Storage Space
Water:City

Exterior Features

Zoning:RC
Roof:Architectural Shingle,Rubber
Sewer:Public Sewer
Parking Features:Parking Lot
Principal Interest
$9,733
Taxes
$1,211

Home Price

$1,900,000

Loan Details

30 yrs
6.625%

Down Payment

20%
$380,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,732.73

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,732.73 $1,211.25 $0.00 $10,943.98
Yearly $116,792.72 $14,535.00 $0.00 $131,327.72
Total $3,503,781.58 $436,050.00 $0.00 $3,939,831.58

Today's Rates

30 Year

6.63%

20 Year

6.38%

15 Year

6%

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Market insight data is pulled from the same city as the listing being viewed (Concord, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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.
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 Terri Bias and Associates | PLACE 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.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-24T16:15:07.000Z

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