406 E 18th Street, Kannapolis, NC 28083

$532,000
8
BD
3,705
SqFt

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Listing courtesy of NorthGroup Real Estate LLC. nickyredmond2@gmail.com

List Price
$532,000
MLS#
4407875
Status
ACTIVE
Days on Market
1
Property Type
Residential Income
Architectural Style
Traditional
Year Built
1983
Bedrooms
8
Full Baths
4
Half Baths
4
Lot Size
18,730
Lot Size Area
0.43
Living Area
3,705
Sq Ft Total
3705
County
Rowan
Special Conditions
None

Property Description

Investment Opportunity ~ 4-Unit Portfolio in Kannapolis! Located at 406 E 18th Street SW, this well-positioned property features four individual units, each offering 2 bedrooms and 1.5 bathrooms — a fantastic turnkey rental income opportunity for investors. All four units share the same functional floor plan, making management and maintenance straightforward. All units come with a refrigerator and a stackable washer and dryer. Each unit also offers a storage room and patio out back. Situated in a convenient Kannapolis location with easy access to local amenities, shopping, and major routes. Whether you’re growing your rental portfolio or looking for a stable multi-unit investment, this property offers consistent income potential in a steadily growing market. Don’t miss this chance to add a solid rental asset to your portfolio!

Additional Information

Community Features
Sidewalks
Equipment
Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Foundation
Slab
Laundry Location
Electric Dryer Hookup, In Kitchen, Lower Level, Washer Hookup
Heating
Electric, Heat Pump
Water
City
Sewer
Public Sewer
Exterior Features
Lawn Maintenance
Exterior Construction
Aluminum, Brick Partial, Vinyl
Roof
Architectural Shingle
Parking
Driveway
Driveway
Asphalt, Paved
Lot Description
Level, Sloped
Elementary School
G.W. Carver
Middle School
Kannapolis
High School
A.L. Brown
Zoning
R-8SF
Total Property HLA
3705

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Amount of Loan
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

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