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Key Details
Sold Price $127,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $119
MLS Listing ID 4382485
Bedrooms 2
Full Baths 1
Year Built 1940
Lot Size 0.280 Acres
Property Sub-Type Single Family Residence
Property Description
Investor opportunity in the rapidly growing Kannapolis market! Situated on an approximately 0.28-acre lot following the proposed subdivision of the current 0.44-acre parcel, this 2-bedroom, 1-bath home presents exceptional potential for investors, renovators, or buyers seeking their next value-add project. Conveniently located with easy access to downtown Kannapolis, shopping, dining, and major commuter routes.
Offered below current tax value, this property provides a rare opportunity to capitalize on future upside and redevelopment potential. An additional upper-level finished flex space has previously been utilized as a sleeping area and offers added versatility for a home office, bonus room, or additional storage; however, it is not included in the heated living area due to ceiling height limitations.
Please note: the shed, garage, and fencing located on the left side of the property will be removed prior to closing. Whether you are seeking a rental investment, renovation project, or long-term hold, this property offers outstanding possibilities in an area experiencing continued growth and revitalization. Property is being sold as-is.
Location
State NC
County Rowan
Zoning RV
Interior
Heating Central, Natural Gas
Cooling Central Air
Laundry Main Level
Exterior
Utilities Available Electricity Connected, Propane
Roof Type Architectural Shingle
Building
Foundation Crawl Space
Sewer Public Sewer
Water Well, Other - See Remarks
Structure Type Aluminum
New Construction false
Schools
Elementary Schools Landis
Middle Schools Corriher-Lipe
High Schools South Rowan
Others
Acceptable Financing Cash, Conventional, FHA 203(K)
Listing Terms Cash, Conventional, FHA 203(K)
Special Listing Condition None
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Bought with Ryan Walton • Canvas Forum of Charlotte LLC
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