Listing Courtesy of: Mike Hege - Compass North Carolina LLC - Mockingbird Ln, Clt 704-234-7880 704-491-9445
$475,000 affordable loan icon Calculate Payment

1102 Lane Street Kannapolis, NC 28083

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Single Family Residence
5 Beds
2 Baths
2,748 Sq. Ft.
0.26 Acre Lot
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Last updated on 11/21/2024 7:04 AM

Listing Details

Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offe...ring consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property's appeal and occupancy rates. Recent upgrades and a stream of 5-star reviews have allowed for higher nightly rates, further boosting revenue. With average monthly incomes between $3,600 and $4,100, this property’s financial performance speaks for itself. Whether you’re an investor looking to expand your portfolio or seeking a turnkey vacation rental, this property delivers on both value and location. Don’t miss out—schedule a showing today to experience this exceptional opportunity firsthand! Continue reading
MLS#
4194735
Property Type
Single Family
Bedrooms
5
Bathrooms
2 Full
Year Built
1939
Square Feet
2,748 sq. ft
Lot Size
0.26
Stories
2.0
Sewer
Public Sewer
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Listing Courtesy of: Mike Hege - Compass North Carolina LLC - Mockingbird Ln, Clt 704-234-7880 704-491-9445

Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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This content last refreshed on 11/21/2024 7:04 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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