Bill Charles, RE/MAX Executive
704-560-4141
billcharlesrealestate.com

Property MLS #4194735

Property Features

Address:
1102 Lane Street
Kannapolis, NC 28083

List Price: $475,000
Year Built: 1939
Type: Single Family Residence
Square Feet: 2748 sqft.
Bedrooms: 5
Bathrooms: 2 Full Subdivision: Jackson Park
Parking: Driveway

Elem. School: Unspecified
Middle School: Unspecified
High School: Unspecified

Acreage: 0.26
Waterfront/Waterview: N/A
Siding:
Exterior Features:
HVAC: Central
MLS Number: 4194735

For more info on this property, please call 704-560-4141.

Remarks:
Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offering consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property's appeal and occupancy rates. Recent upgrades and a stream of 5-star reviews have allowed for higher nightly rates, further boosting revenue. With average monthly incomes between $3,600 and $4,100, this property’s financial performance speaks for itself. Whether you’re an investor looking to expand your portfolio or seeking a turnkey vacation rental, this property delivers on both value and location. Don’t miss out—schedule a showing today to experience this exceptional opportunity firsthand!

Listing courtesy of: COMPASS

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