Brenda Priddy Broker/Realtor
BEDS6
BATHS6 full
SQUARE FEET4,800
MLS#4426175
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units on the same block. The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
Property Features
Property Type: Multi Unit - Multiple
Heating: Baseboard, Central, Electric
Home Style: Bungalow
Lot Size: 1.00 Acres
Year Built: 1940
Feature Descriptions
Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater
Exterior: Hardboard Siding
Foundation: Crawl Space
Laundry: In Kitchen
Parcel#: 56139934380000
Parking: Parking Space(s)
Pets Allowed: Yes
Sewer: Public Sewer
Units: 6
Water: City
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: Realty One Group Revolution
Agency Contact: logan@charlottesagent.com
Shown By
Agent Name: Brenda Priddy BROKER/ REALTOR
Agent Phone: (704) 770-7121
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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517 Denver Street | MLS# 4426175
This multi-family property located at 517 Denver Street , Kannapolis, NC 28083 is currently listed for sale with an asking price of call for price. Search Kannapolis real estate on brendap.lakenormanrealty.com today.