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, offering consistent income potential. Located… Read More 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! Read Less
Courtesy of COMPASS.
Listing Snapshot
Days Online
40
Last Updated
Property Type
Single Family Residence
Beds
5
Full Baths
2
Lot Size
0.26 Acres
Year Built
1939
MLS Number
4194735
30 Days Snapshot Of 28083
$279k
-11%
(avg) sold price
22
-29%
homes sold
45
-15%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Description: "Dishwasher", "Disposal"
Building
Finished Area Above Grade: 2748, Area: 2748, Construction Materials: "Brick Partial", "Vinyl", Year Built: 1939, Construction Type: Site Built
Cooling
Details: "Central Air"
Heating
Heating: "Central"
Laundry
Description: "Laundry Room"
Lot
Size: 0.26, Size Units: Acres
Utilities
Sewer: "Public Sewer", Water Source: "City"
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 1932, Third SqFt: 0, Unheated Total SqFt: 0
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