NOT LISTED FOR SALE

1000 Lane St Kannapolis, NC 28083

6 Beds
4.5 Baths
3,077 Sq Ft
0.3 Acres

Last Sold January 23, 2023

Last sale price $359,000 $117 Per Sq Ft

17 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Jackson Park Elementary School Rated 9+
  • No HOA
  • Living Room

About This Home

As of January 2023

Great investment opportunity! Rare MF opportunity in the ever growing Kannapolis. Unit A on the front has 3 Bedrooms and 1.5 Bath. Units B, C & D all have 1 Bedroom and 1 Bath. Total rental income totaling 2,440. Unit D (vacant) has been renovated and is a stand-alone unit. Potential rental income for this unit alone can be 800-900. Covered front and back porch. Storage shed for the use of one tenant. Two car carport goes with Unit C. Plenty of parking for everyone else. Only a 5 minute drive the newly revitalized downtown Kannapolis/Cannon Ballers stadium.

Last Agent to Sell the Property

Samara Huntley

EXP Realty LLC Brokerage Email: samara.huntley@exprealty.com License #323827 Listed on: 10/23/2022

EXP Realty LLC

Last Buyer's Agent

Levi Bennett

COMPASS License #333766

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 76x151x77x132
  • Level Lot
  • Wooded Lot

Home Design

  • Brick Exterior Construction
  • Asbestos

Interior Spaces

  • 3,077 Sq Ft Home
  • Living Room
  • Crawl Space

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Detached Carport Space
  • Driveway
  • 4 Open Parking Spaces
  • Parking Lot

Schools

  • Jackson Park Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Additional Features

  • Covered Patio or Porch
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Jackson Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, water
  • Assessor Parcel Number 5624-11-9307-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1935
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Dirt, Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: samara.huntley@exprealty.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Fireplace: No
  • Flooring: Linoleum, Wood
  • Room Other: Bathroom(s),Bedroom(s),Kitchen,Living Room
  • Appliances: Electric Water Heater
  • Owner Pays: None
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Living Area: 3077
  • Room Count: 0

Exterior Features

  • Exterior Features: Storage
  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Asbestos, Brick Partial
  • Patio And Porch Features: Covered, Front Porch, Rear Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Carport, Driveway, Parking Lot, Parking Space(s)

Utilities

  • Heating: Other - See Remarks
  • Sewer: Public Sewer
  • Laundry Features: None
  • Cooling: None
  • Water Source: City

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Features: Level, Wooded
  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 5624-11-9307-0000
  • Lot Size Acres: 0.3
  • Lot Size: 76x151x77x132
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Zoning Specification: OI

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Water
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Jackson Park
  • High School: A.L. Brown

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2023 01/23/23 Sold $359,000 +2.9% $117 / Sq Ft
10/23/2022 10/23/22 For Sale $349,000 +99.4% $113 / Sq Ft
07/09/2021 07/09/21 Sold $175,000 +16.7% $170 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $150,000 -- $145 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Samara Huntley

    Seller's Agent in 2023

    Samara Huntley

    EXP Realty LLC

    (704) 778-5775

    5 in this area

    104 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    Levi Bennett

    COMPASS

    5 in this area

    45 Total Sales

    Section Image
  • Drew Maher

    Seller's Agent in 2021

    Drew Maher

    DM Properties & Associates

    (704) 258-9227

    32 in this area

    194 Total Sales

    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Robin Price

    DM Properties & Associates

    (704) 956-4810

    31 in this area

    191 Total Sales

    Section Image
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3914452

Canopy MLS (Canopy Realtor® Association)

APN: 5624 11 9307

North Carolina Cabarrus County Kannapolis 28083

1000 Lane St, Kannapolis, NC

This home is located at 1000 Lane St, Kannapolis, NC 28083 since 23 October 2022. This property was built in 1935. 1000 Lane St is a home located in Cabarrus County with nearby schools including Jackson Park Elementary School, Kannapolis Middle, and A.L. Brown High School.

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