815 Desoto AVE, Kannapolis, NC 28083 – 4335383 - Sheri Rich

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Sheri Rich

sheririch3@gmail.com +1(704) 999-7218

$230,000

Est. payment - /mo

2 Beds

2 Baths

1,337 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 1,337 sqft

Price per Sqft $172

MLS Listing ID 4335383

Style Ranch

Bedrooms 2

Full Baths 2

Abv Grd Liv Area 1,337

Year Built 1945

Lot Size 0.490 Acres

Acres 0.49

Property Sub-Type Duplex

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 (unsure if the fireplaces actually work) 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 (unsure if the fireplaces actually work). 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

Location

State NC

County Cabarrus

Zoning R8

Interior

Heating Other - See Remarks

Cooling Window Unit(s)

Flooring Carpet, Laminate, Vinyl, Other - See Remarks

Fireplaces Type Primary Bedroom

Fireplace true

Appliance Electric Oven, Electric Range, Refrigerator

Laundry Electric Dryer Hookup, In Hall, Utility Room, Inside, Laundry Closet, Laundry Room, Main Level, Washer Hookup

Exterior

Exterior Feature Other - See Remarks

Roof Type Architectural Shingle

Street Surface Gravel,Paved

Porch Covered, Front Porch, Rear Porch, Side Porch

Garage false

Building

Lot Description Cleared, Hilly, Level

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Architectural Style Ranch

Structure Type Wood

New Construction false

Schools

Elementary Schools Forest Park

Middle Schools Kannapolis

High Schools A.L. Brown

Others

Pets Allowed Yes

Senior Community false

Special Listing Condition None

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Listed by Katrina Rockel • Keller Williams Lake Norman • 910-583-3817

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Sheri Rich

+1(704) 999-7218

Agent | License ID: 314962

Agent License ID: 314962

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815 Desoto AVE Kannapolis, NC 28083

Sheri Rich

Key Details

Location

Interior

Exterior

Building

Schools

Others

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