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  • $1,799,999

    1245 Carolyn Ave, Kannapolis, NC 28083

    27beds
    7,762sqft
    : 
    Multi Family
    Built in 2008
    -- sqft lot
    $1,723,800 Zestimate®
    $232/sqft
    $-- HOA

    What's special

    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.
    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#: 4176085MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1245 Carolyn Ave.

    Next available tour time:Tomorrow at 9am

    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
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