Ranch

815 Desoto Avenue

Kannapolis , NC 28083

MLS#: 4335383

$215,000

Status: Active
Listing number: 4335383
Listing provided by: Keller Williams Lake Norman
Listing agent phone: None
Last update: 10 days ago
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Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1945

Sq.Footage

1,337

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

Features & Amenities

Interior

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Above Grade Finished Area

    1337.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Window Unit(s)

  • Fireplace YN

    YES

  • Pet friendly

    Yes

Exterior

  • Garage

    No

  • Parking

    Detached Carport, Driveway, Shared Driveway

  • Patio and Porch Features

    Covered, Front Porch, Rear Porch, Side Porch

  • Pool

    No

Area & Lot

  • Lot Features

    Rolling Slope, Cleared, Level

  • Property Type

    Residential Income

  • Property Sub Type

    Duplex

  • Architectural Style

    Ranch

Price

  • Sales Price

    $215,000

  • Sq. Footage

    1, 337

  • Price/SqFt

    $160

HOA

  • Association

    No

School District

  • Elementary School

    Forest Park

  • Middle School

    Kannapolis

  • High School

    A.L. Brown

Property Features

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Cabarrus

Elementary School

Forest Park

Middle School

Kannapolis

High School

A.L. Brown

Listing Courtesy of Katrina Rockel , Keller Williams Lake Norman

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Agent Mitch Totherow

Agent

Mitch Totherow

Call Mitch today to schedule a private showing.

(803) 487-4663

mitch@prestinoadvantage.com


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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

815 Desoto Avenue

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