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
Property Type(s):
Multi Family
|
Year Built
|
1945
|
County
|
Cabarrus
|
SCHOOLS
| Elementary School |
Forest Park |
| Jr. High School |
Kannapolis |
| High School |
A.L. Brown |
Additional Details
| AIR |
Window Unit(s) |
| AIR CONDITIONING |
Yes |
| APPLIANCES |
Electric Oven, Electric Range, Refrigerator |
| BASEMENT |
Crawl Space |
| FIREPLACE |
Yes |
| LOT |
0.49 acre(s) |
| LOT DESCRIPTION |
Cleared, Level, Rolling Slope |
| LOT DIMENSIONS |
0.49 |
| MLS STATUS |
Coming Soon |
| PARKING |
Detached Carport, Driveway, Shared Driveway |
| SEWER |
Public Sewer |
| STYLE |
Ranch |
Location
Listed with Keller Williams Lake Norman
Date last updated: 1/12/26 5:43 PM PST
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This IDX solution is (c) Diverse Solutions 2026.
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