Terrific investment property with 100% rental history since 2002. 2 units in duplex, both 2 bedroom. The same tenants have been renting for 16 years. Both units are very well kept, clean and in need of no work. Rent has been $550 per unit since 2002. This could easily generate $1500+ per month positive cash flow. Property is being sold as is.
Off market
$288,900
227/229 Pethel St, Kannapolis, NC 28081
4beds
1,920sqft
Duplex
Built in 2002
-- sqft lot
$288,900 Zestimate®
$150/sqft
$1,525 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air
Features
- Flooring: Carpet
Interior area
- Total interior livable area: 1,920 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 7,405 sqft
- Features: Sloping
Details
- Parcel number: 159093
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Duplex
Condition
- Year built: 2002
Community & neighborhood
Location
- Region: Kannapolis
Other
Other facts
- Property Sub Type: Duplex
- Tenant Pays: All Utilities
- Water: City Water
- Architectural Style: Traditional
- Water Heater: Other
- Parking: Driveway, Garage - 1 Car, Back Load Garage, Parking Space - 4+
- New Construction YN: N
- Property Features: Range/Oven
- Lot Features: Sloping
- Construction Type: Site Built
- MLS: Carolina MLS
- Laundry Location: Main
- Parcel Number: 159093
Services availability
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Estimated market value
$288,900