Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units on the same block. The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
TWO GARAGE Duplex Investment Opportunity in Kannapolis—the property is 2 miles from the growing downtown of Kannapolis -- located off of N Main Street. This duplex has TWO GARAGES on the bottom level. This investment property provides steady current income, with opportunity for additional income from o?ne vacant? garage?/storage space. Both units have two bedrooms and one bathroom. Long term tenants in both units. Tenants pay for their own utilities. Washers and dryers belong to the tenants. Refrigerator in 229 Pethel belongs to the tenant. Schools are per https://www.cabarruscounty.us/Government/Departments/GIS/KCS-Lookup PLEASE DO NOT DISTURB TENANTS
Exceptional opportunity to acquire a turnkey investment portfolio consisting of two tenant-occupied single-family homes. Both properties are currently leased. Portfolio Includes: 410 S Rose Ave, Kannapolis, NC 402 E 26th St, Kannapolis, NC These well-maintained rental properties offer investors the opportunity to expand their portfolio with performing assets in a high-demand rental market. Please do not disturb tenants. Showings and inspections will be scheduled during the due diligence period after an accepted offer.
Excellent opportunity to acquire a turnkey investment portfolio featuring two income-producing single-family rental properties in the growing Kannapolis market. Properties Included: 210 Dalewood Ave, Kannapolis, NC 1012 Desota Ave, Kannapolis, NC Both properties are tenant occupied. This portfolio is ideal for investors looking to expand their rental holdings with established tenants already in place. Please do not disturb tenants. Showings and inspections will be scheduled after an accepted offer or as agreed upon with the seller.
Location, Location, Location! Kannapolis NC is growing, and this is your chance to own a well-maintained, income-producing brick duplex just minutes from the revitalized Downtown district and Atrium Health Ballpark. Situated on a corner lot, this duplex features two 2-bedroom, 1-bath units, each just under 950 sq ft. Live in one and let the other help cover the mortgage—or rent both and create your own income-producing investment. Both units feature a matching layout, strong rental history, and key system upgrades already completed, including central air (2023), gas furnace (2019), PEX plumbing (2024), and windows (2023). The 1106 Lane St unit has recently become vacant, providing flexibility for an owner-occupant or investor. The property is professionally managed, making this a great opportunity to own an investment property in a growing Kannapolis market. Please use 503 Mable Ave for directions. 503 Mable Ave is currently owner-occupied and may be shown with an approved showing. 1106 Lane St is currently not ready for showings while the owner assesses the unit following the recent move-out.
Pick up a great portfolio consisting of 8 units, 5 homes (3 duplex, 2 SFR) in the rapidly appreciating market of downtown Kannapolis, all on the same block! The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and over 60% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 4/5 of the homes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants who are backed & guaranteed by a community health program providing very stable rental income. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
Prime location for this duplex with Mixed Complex Zoning. Units lease for $1250 each. Both units are in good condition with Hardwood floors in both units. Front porches and decks on both units.
Discover an outstanding investment opportunity in the fast-growing and revitalized Kannapolis area! This thoroughly updated duplex at 659–661 Wilson Street offers the ideal setup for investors or anyone looking to “house-hack” by living on one side while renting out the other. Both units are currently vacant. You’ll love the stylish luxury vinyl plank flooring throughout and the low-maintenance vinyl siding. Each unit includes a charming covered front and rear porch, perfect for enjoying outdoor relaxation. This property sits on a large yard, offering flexibility for outdoor living or future improvements. Located minutes from downtown Kannapolis, the Downtown Revitalization Project, shopping, schools, and daily conveniences—this is a rare chance to secure a turn-key, income-producing property in a booming market. Whether you're building your portfolio or looking to offset living expenses, this duplex is a must-see. Schedule your showing today!
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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Kannapolis is located in North Carolina. 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.
