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Property Description

Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offering consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property’s appeal and occupancy rates. Recent upgrades and a stream of 5-star reviews have allowed for higher nightly rates, further boosting revenue. With average monthly incomes between $3,600 and $4,100, this property’s financial performance speaks for itself. Whether you’re an investor looking to expand your portfolio or seeking a turnkey vacation rental, this property delivers on both value and location. Don’t miss out—schedule a showing today to experience this exceptional opportunity firsthand!

Features
Public Sewer
Appliances
Address Map
USA
NC
Cabarrus
Kannapolis
Jackson Park
28083
Jackson Park
Lane
1102
Street
0
W81° 25' 50.4''
N35° 29' 57.6''
Sw
E
Additional Information
0
5624-21-1365-0000
MLS Information
COMPASS
CARR00287
Mike Hege
CARS54402
704-491-9445

Residential For Sale

1102 Lane Street, Kannapolis, North Carolina 28083

5 Bedrooms
2 Bathrooms
0 Sqft
$475,000
Listing ID #CAR4194735
Basic Details
Property Type : Residential
Property SubType : Single Family Residence
Listing Type : For Sale
Listing ID : CAR4194735
Price : $475,000
Bedrooms : 5
Bathrooms : 2
Full Bathrooms : 2
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1939
Lot Area : 0 Acre
Lot Size SqFt : 0 Sqft
Status : Active
MLS Status : Active
Days On Market : 5
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Agent info
Butch Austin
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