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  • $350,000

    1106 Mount Olivet Rd, Kannapolis, NC 28083

    6beds
    2,169sqft
    Duplex
    Built in 1994
    -- sqft lot
    $358,800 Zestimate®
    $161/sqft
    $1,507 Estimated rent

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    $1,507/mo

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    $2,042/mo

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    What's special

    Investment Opportunity in a GREAT Location!! This duplex is ready for its next investor. Convenient access to Concord, Kannapolis, shops, restaurants, medical facilities & Hwy I-85. Each unit has 3 bedrooms, 2 full baths, laundry rooms & is over 1000 sq ft per side with individual concrete driveways per side. Heat pumps-approx 3yrs old, roof approx.7 yrs old, all electric (no gas), ceramic tile floors & windows have been replaced. Currently, both units are tenant-occupied, ensuring immediate rental income & Tenant pays all utilities. Whether you're looking for steady rental income or a place to eventually call home while leveraging the potential of the other unit, this duplex is a great choice. Home to be sold “As Is”. Seller to make no repairs-there are a few broken floor tiles & kitchen cab's are older. Stoves & refrigerators are tenant owned & do not convey.. Seller will NOT consider seller financing.

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2024 at 01:46pm

    Listing Provided by:

    Christine Stewart christine.stewart@allentate.com,

    Allen Tate Concord

    Bought with:

    Matthew Novak

    Redfin Corporation

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4092395MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater
    • Laundry: In Unit, Utility Room, Inside, Laundry Room
    Features
    • Flooring: Tile
    • Has basement: No
    Interior area
    • Total structure area: 2,169
    • Total interior livable area: 2,169 sqft
    • Finished area above ground: 2,169
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    • Parking features: Assigned, Driveway
    • Uncovered spaces: 4
    • Details: Each unit has it's own concrete driveway
    Features
    • Stories: 1
    • Waterfront features: None
    Lot
    • Size: 0.51 Acres
    • Features: Level
    Details
    • Parcel number: 56222459430000
    • Zoning: RV
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Vinyl
    • Foundation: Slab
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: City

    Community & neighborhood

    Location
    • Region: Kannapolis
    • Subdivision: Carolina Air Park

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete, Paved
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    Estimated market value
    $358,800