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$750,000
517 Denver St, Kannapolis, NC 28083
6 bed · 0 bath · 4,800 sq ft
6
bedrooms
N/A
baths
4,800
sq.ft.
$156
price per sf
Presented by Citadel Cofield · Office (980) 272-8547
About This Property
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!
About the Neighborhood
Looking for the perfect Residential Income in Kannapolis? The 28083 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 6
- Year Built: 1940
- Living Area: 4,800 sqft
- New Construction: No
- MLS #: 4426175
Association
- HOA Required: No
Interior Features
- Heating: Baseboard, Central, Electric
- Cooling: Ceiling Fan(s), Central Air, Varies by Unit, Window Unit(s)
- In Kitchen
Appliances
- Dryer
- Electric Oven
- Electric Range
- Electric Water Heater
Construction Materials
- Hardboard Siding
- Foundation: Crawl Space
Cooling
- Ceiling Fan(s)
- Central Air
- Varies by Unit
- Window Unit(s)
Foundation Details
- Crawl Space
Heating
- Baseboard
- Central
- Electric
Laundry Features
- In Kitchen
Parking Features
- Parking Space(s)
Pets Allowed
- Yes
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Architectural Style
- Bungalow
Fireplace
- Fireplace: No
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
Similar homes nearby
LISTING COURTESY OF: REALTY ONE GROUP REVOLUTION
logan@charlottesagent.com
$750,000
Est. Payment: $3,855/mo
Illustrative estimate only, not an offer of credit. Assumes 20% down and a 30-year fixed loan at 6.5%, plus estimated property tax, insurance, and HOA. Actual rate, APR, and payment will vary.
Adjust down payment, rate & terms
Kannapolis, NC 28083
6
bedrooms
N/A
baths
4,800
sq.ft.
$156
price per sf
Presented By
Carnarri Cofield
REALTOR®
Office: (980) 272-8547
Listings courtesy of Canopy MLS as distributed by MLS GRID.
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Listing Courtesy of Realty One Group Revolution
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information deemed reliable but not guaranteed. Equal Housing Opportunity.
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