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!
Property Type(s):
Single Family
|
Tract
|
Jackson Park
|
Year Built
|
1939
|
|
Community
|
Jackson Park
|
County
|
Cabarrus
|
SCHOOLS
| Elementary School |
Unspecified |
| Jr. High School |
Unspecified |
| High School |
Unspecified |
Additional Details
| AIR |
Central Air |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Dishwasher, Disposal |
| BASEMENT |
Crawl Space |
| HEAT |
Central |
| LOT |
0.26 acre(s) |
| MLS STATUS |
Active |
| PARKING |
Driveway |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
Jackson Park |
Location
Listed with COMPASS
Date last updated: 12/27/24 3:51 AM PST
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