Investor Opportunity! Don’t miss this rare opportunity to acquire a fully leased, cash-flowing 7-home rental portfolio in the high-demand Kannapolis market. Ideally located near downtown, major highways, hospitals, shopping, and dining, these properties are positioned in Cabarrus and Rowan Counties, offering exceptional long-term growth potential. Each home is tenant-occupied, providing immediate income with minimal hassle. The portfolio is priced attractively— below market value, with an average under $260K per home, offering built-in equity from day one. Situated in a rapidly growing area with strong rental demand and low vacancy rates, this turnkey package is ideal for investors looking to scale quickly or diversify their holdings with a performing asset.
Only serious inquiries will be considered. Inspections will be scheduled after an accepted offer.
Active
$1,799,999
1245 Carolyn Ave, Kannapolis, NC 28083
27beds
7,762sqft
Est.:
Multi Family
Built in 2008
-- sqft lot
$1,723,800 Zestimate®
$232/sqft
$-- HOA
What's special
- 339 days
- on Zillow |
- 338 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: May 12, 2025 at 11:11am
Listing Provided by:
Stacy Label StacyLabel@yahoo.com,
Savvy + Co Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4176085

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 115
- Full bathrooms: 114
- 1/2 bathrooms: 1
Heating
- Central, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator
- Laundry: Electric Dryer Hookup, Laundry Closet
Features
- Has basement: No
Interior area
- Total structure area: 7,762
- Total interior livable area: 7,762 sqft
- Finished area above ground: 7,762
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.26 Acres
Details
- Parcel number: 151583
- Zoning: SFR
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
- Foundation: Slab
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: None
Location
- Region: Kannapolis
Financial & listing details
- Price per square foot: $232/sqft
- Tax assessed value: $213,014
- Date on market: 9/5/2024
- Listing terms: Cash,Conventional
- Tenant pays: All Utilities
- Road surface type: Concrete, Paved
- Loading
- Loading