$475,000
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1102 Lane Street Kannapolis, NC 28083
Single Family
Residence
5
Beds
2
Baths
...
Bed/Bath
2,748
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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!
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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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Source: Walk Score®
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