Perfect investment opportunity is ready to be picked up in Kannapolis. Both sides occupied and rented until 2025. Unit A has been updated with new flooring, cabinets, appliances, and bathrooms. Unit B will be ready for its next owner to update and make the rent match, or keep the tenants currently in place. DO NOT DISTRUB TENANTS or go onto property.. Please note photos are of Unit A only.
Situated in the heart of downtown Kannapolis, within walking distance to local shops, restaurants, parks, public transportation, and near the Kannapolis research campus and Atrium Health stadium.
Situated in the heart of downtown Kannapolis, within walking distance to local shops, restaurants, parks, public transportation, and near the Kannapolis research campus and Atrium Health stadium.
This is a rare opportunity to purchase a cash-flowing investment portfolio in Kannapolis. Six single-family 3BD/2BA+ homes included. This is a portfolio listing; all six properties will be sold together.
Location! Location! Location! Walking distance from booming downtown Kannapolis! This is a packaged deal it contains 5 homes. 4 off of Dale Earnhardt and one on G Street. 587, 601, 611, 623, Dale Earnhardt and 306 G Street. Zoning is CC City Center District. There is potential to build townhomes, breweries, etc.. I have attached the zoning information. City water and city sewer are already in place. Mill homes are currently being rented out on month-to-month leases please do NOT disturb tenants. NO SIGNS Call listing agent for more info. Professional photos and videos are coming 08/31/24. Seller will not sell individual houses. The seller has never lived in any of the homes. All homes are sold as is.. Seller to make no repairs.
The median home value in Kannapolis, NC is $280,000. This is lower than the county median home value of $353,200. The national median home value is $338,100. The average price of homes sold in Kannapolis, NC is $280,000. Approximately 53.43% of Kannapolis homes are owned, compared to 32.49% rented, while 14.08% are vacant. Kannapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kannapolis real estate agent to arrange a tour today!
Kannapolis, North Carolina has a population of 52,173. Kannapolis is less family-centric than the surrounding county with 31.56% of the households containing married families with children. The county average for households married with children is 35.91%.
The median household income in Kannapolis, North Carolina is $58,084. The median household income for the surrounding county is $75,765 compared to the national median of $69,021. The median age of people living in Kannapolis is 36.9 years.
The average high temperature in July is 89.5 degrees, with an average low temperature in January of 27.5 degrees. The average rainfall is approximately 43.7 inches per year, with 3.8 inches of snow per year.