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821 Concord St
For Sale $360,000 ($177.17 per Sq Ft)
$360,000 ($177.17 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,032 Sq Ft
- 6,000 Sq Ft
Description
Per the seller’s request, showings are limited to serious buyers only, and all prospective buyers must be pre-approved prior to scheduling.
Turn-Key Duplex Investment with Strong Cash Flow
Located at 821–823 Concord Street, this well-maintained duplex offers a solid, stabilized investment opportunity with strong cash flow and built-in rent growth. The property consists of two large residential units, each configured as 3 bedrooms and 1.5 bathrooms, a highly desirable layout that supports long-term tenant demand.
The 821 unit is leased at a current rent of $1,648 per month, with scheduled increases to $1,697 and $1,748 in future lease years. The 823 unit is leased at $1,576 per month. Both tenants are responsible for their own utilities, resulting in a clean and efficient operating structure for ownership.
For 2025, the property generated total rental income of $37,927.74, with no additional income sources reported. Operating expenses were well controlled at $7,895.20, consisting primarily of property taxes, insurance, and routine repairs and maintenance. As a result, the property produced a Net Operating Income of $30,032.54, reflecting a strong operating margin and cash flow equal to NOI.
Both units are occupied by reliable tenants under long-term leases with scheduled rent escalations, providing predictable income and reduced turnover risk. There is no deferred maintenance, allowing a new owner to step into a stabilized, low-maintenance asset from day one.
Overall, 821–823 Concord Street represents a clean, turn-key duplex investment with strong cash flow, tenant-paid utilities, contractual rent growth, and long-term appreciation potential, well suited for investors focused on dependable income and portfolio growth.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $360,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,032 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1923 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2203009181 |
| MLS # | MDWA2034352 |
| Property ID | 322607083 |
| Lot Sqft | 6,000 |
| Zoning | RMED |
| Total Units | 2 |
| Days on Market | 6 |
| Original List Price | Unknown |
| Date Updated | February 19, 2026 |
| Date Created | February 17, 2026 |
Listing Provided By
Roberto G. Gonzalez an agent of . Lic #598229
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Data last updated: February 23, 2026.
Contact Agent
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Robert Crawford
REAL ESTATE AGENT