NOT LISTED FOR SALE

1106 Mount Olivet Rd Kannapolis, NC 28083

6 Beds
4 Baths
2,169 Sq Ft
0.51 Acres

Last Sold March 27, 2024

Last sale price $350,000 $161 Per Sq Ft

77 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Level Lot
  • Tile Flooring

About This Home

As of March 2024

Investment Opportunity in a GREAT Location!! This duplex is ready for its next investor. Convenient access to Concord, Kannapolis, shops, restaurants, medical facilities & Hwy I-85. Each unit has 3 bedrooms, 2 full baths, laundry rooms & is over 1000 sq ft per side with individual concrete driveways per side. Heat pumps-approx 3yrs old, roof approx.7 yrs old, all electric (no gas), ceramic tile floors & windows have been replaced. Currently, both units are tenant-occupied, ensuring immediate rental income & Tenant pays all utilities. Whether you're looking for steady rental income or a place to eventually call home while leveraging the potential of the other unit, this duplex is a great choice. Home to be sold “As Is”. Seller to make no repairs-there are a few broken floor tiles & kitchen cab's are older. Stoves & refrigerators are tenant owned & do not convey.. Seller will NOT consider seller financing.

Last Agent to Sell the Property

Christine Stewart

Allen Tate Concord Brokerage Email: christine.stewart@allentate.com License #189875 Listed on: 12/06/2023

Allen Tate Concord

Last Buyer's Agent

Matthew Novak

Redfin Corporation License #256091

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1994

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • Property has 1 Level
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Parking

  • Driveway
  • 4 Open Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Carolina Air Park Subdivision

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 5622-24-5943-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1994
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: christine.stewart@allentate.com
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Flooring: Tile
  • Appliances: Electric Water Heater
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 2169
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Living Area: 2169
  • Building Stories: 1

Exterior Features

  • New Construction: No
  • Roof: Composition
  • Construction Type: Site Built
  • Waterfront Features: None
  • Construction Type: Vinyl

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Assigned, Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Utility Room, Inside, Laundry Room
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Level
  • Lot Size Area: 0.51
  • Lot Size Units: Acres
  • Parcel Number: 5622-24-5943-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

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
03/27/2024 03/27/24 Sold $350,000 0.0% $161 / Sq Ft
02/21/2024 02/21/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $350,000 -6.9% $161 / Sq Ft
12/06/2023 12/06/23 For Sale $375,900 -- $173 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4092395

Canopy MLS (Canopy Realtor® Association)

APN: 5622 24 5943