BEDS2
BATHS2 full
SQUARE FEET1,337
MLS#4335383
STATUSActive Under Contract
PROPERTY TYPEMulti Unit - Multiple
Property Description
INVESTOR SPECIAL | High-Yield Potential in the Revitalized Kannapolis areas. Seize a rare value-add opportunity in one of the fastest-growing submarkets of the Charlotte metro area. This income-producing duplex is strategically located just blocks from the revitalized Downtown Kannapolis district, Atrium Health Ballpark, and the NC Research Campus. Situated on a sprawling 0.49-acre lot, this property offers the perfect footprint for a high-equity renovation or a long-term buy-and-hold strategy. The Opportunity: Dual Income Streams: Two distinct units provide flexible rental options or a house hack opportunity. Massive Lot (0.49 Acres): Significant outdoor space with 2 detached storage sheds, offering additional value or potential for tenant storage. Strategic Location: Premium proximity to the Cannon Ballers stadium and the booming social district ensures high tenant demand and long-term appreciation. Proven History: Long-term rental history with significant as-is upside, tenants just moved out. Unit Breakdown: Unit A (Left 725 sq ft):Side rear entry, laundry room, kitchen with a small eat-in space, electric range and refrigerator, and a primary bedroom featuring a fireplace and dining/living room. Unit B (Right 611 sq ft ): Rear entry, laundry space (washer/dryer included as gift), kitchen has a an electric range, refrigerator and microwave, eating areas, living room and primary bedroom with window unit and fireplace. This is being Sold AS-IS. This is a true bones and location property with great income potential. Professional photography will be uploaded later this week. Original fireplaces in the units are not sure if they work according to the seller, the heating a cooling come from either the window units in one unit which provides both heat and cool and the other unit has a window unit for cooling and a fireplace type unit sitting in front of the other fireplace that provided heat for that unit.
Property Features
Property Type: Multi Unit - Multiple
Heating: Other - See Remarks
Home Style: Ranch
Lot Size: 0.49 Acres
Roof Type: Architectural Shingle
Stories: 1.0
Year Built: 1945
Amenities
Other - See Remarks
Feature Descriptions
Appliances: Electric Oven, Electric Range, Refrigerator
Days on Site: 95
Exterior: Wood
Fireplace: Primary Bedroom
Flooring: Carpet, Laminate, Vinyl, Other - See Remarks
Foundation: Crawl Space
Laundry: Electric Dryer Hookup, In Hall, Utility Room, Inside, Laundry Closet, Laundry Room, Main Level, Washer Hookup
Lot: Cleared, Hilly, Level
Other Parking: Parking in the back of the property with plenty of parking spaces. The driveway is on the side of the home and goes behind the property.
Other Structures: Outbuilding
Parcel#: 5613-65-9375-0000
Parking: Detached Carport, Driveway, Parking Space(s), Shared Driveway, Other - See Remarks
Patio/Porch: Covered, Front Porch, Rear Porch, Side Porch
Pets Allowed: Yes
Sewer: Public Sewer
Units: 2
Water: City
Local Schools
High School: A.L. Brown
Middle School: Kannapolis
Elementary School: Forest Park
Listed By / Shown By
Listed By
Agency Name: Keller Williams Lake Norman
Agency Contact: 910-583-3817
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (781) 720-9444
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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815 Desoto Avenue | MLS# 4335383
This multi-family property located at 815 Desoto Avenue, Kannapolis, NC 28083 is currently listed for sale with an asking price of call for price. Search Kannapolis real estate on edc.lakenormanrealty.com today.