Great investment opportunity! Rare MF opportunity in the ever growing Kannapolis. Unit A on the front has 3 Bedrooms and 1.5 Bath. Units B, C & D all have 1 Bedroom and 1 Bath. Total rental income totaling 2,440. Unit D (vacant) has been renovated and is a stand-alone unit. Potential rental income for this unit alone can be 800-900. Covered front and back porch. Storage shed for the use of one tenant. Two car carport goes with Unit C. Plenty of parking for everyone else. Only a 5 minute drive the newly revitalized downtown Kannapolis/Cannon Ballers stadium.
Closed
$359,000
1000 Lane St, Kannapolis, NC 28083
6beds
3,077sqft
Quadruplex
Built in 1935
-- sqft lot
$438,900 Zestimate®
$117/sqft
$1,447 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: January 23, 2023 at 08:23am
Listing Provided by:
Samara Huntley samara.huntley@exprealty.com,
EXP Realty LLC
Bought with:
Levi Bennett
Odell Realty, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 3914452

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Other
Cooling
- None
Appliances
- Included: Electric Water Heater
- Laundry: None
Features
- Flooring: Linoleum, Wood
Interior area
- Total structure area: 3,077
- Total interior livable area: 3,077 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Carport, Driveway, Parking Lot, Parking Space(s)
- Carport spaces: 2
- Uncovered spaces: 4
- Details: (Parking Spaces: 3+)
Features
- Patio & porch: Covered, Front Porch, Rear Porch
- Exterior features: Storage
Lot
- Size: 0.30 Acres
- Dimensions: 76 x 151 x 77 x 132
- Features: Level, Wooded
Details
- Parcel number: 56241193070000
- Zoning: OI
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Asbestos, Brick Partial
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Kannapolis
- Subdivision: Jackson Park
Other
Other facts
- Listing terms: Cash,Conventional,Exchange
- Road surface type: Dirt, Gravel, Paved
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Estimated market value
$438,900