An investor's dream...Incredible investment opportunity w/ excellent rental history! This portfolio consists of 4 updated rental properties, all located within walking distance of the revitalized and trendy downtown Kannapolis. Just a short walk to A.L. Brown HS, the new Cannon Baller’s Stadium, UNC Research Center, the historic GEM theater, local breweries, restaurants, coffee shops, concerts and festivals! Less than 10 minutes to I-85. Portfolio consists of 2 Duplexes and 2 Single Family homes (132/134 Basin, 200 Basin, 208/210 Basin & 220 Basin). See Basin Property Spreadsheet in attachments for additional information.
*** DO NOT DISTURB TENANTS. NO WALK UP SHOWINGS. NO SIGN IN YARD. ***
Closed
$870,000
220 Basin Ave, Kannapolis, NC 28083
9beds
4,241sqft
Multi Family
Built in 1940
-- sqft lot
$794,300 Zestimate®
$205/sqft
$1,623 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: October 25, 2023 at 12:27pm
Listing Provided by:
Lucia Verville lucia.verville@gmail.com,
Southern Homes of the Carolinas, Inc,
Lori MacLeod,
Southern Homes of the Carolinas, Inc
Bought with:
Logan Abrams
Realty One Group Revolution
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4074059
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Central, Heat Pump
Cooling
- Varies by Unit
Appliances
- Included: Electric Range, Refrigerator
- Laundry: Main Level
Features
- Flooring: Vinyl
- Doors: Insulated Door(s)
- Windows: Insulated Windows
- Basement: Exterior Entry,Partial
Interior area
- Total structure area: 4,241
- Total interior livable area: 4,241 sqft
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway, On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Front Porch
Lot
- Size: 88 Acres
- Features: Wooded
Details
- Parcel number: 56139937210000
- Zoning: RV
- Special conditions: Standard
- Other equipment: Network Ready
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Kannapolis
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Gravel, Paved
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Estimated market value
$794,300