NOT LISTED FOR SALE

220 Basin Ave Kannapolis, NC 28083

9 Beds
6 Baths
4,241 Sq Ft
88 Acres

Last Sold October 23, 2023

Last sale price $870,000 $205 Per Sq Ft

Highlights

  • Wooded Lot
  • Laundry Room
  • Baseboard Heating
  • Covered Patio or Porch
  • Central Heating
  • Wood Siding

About This Home

As of October 2023

An investor's dream...Incredible investment opportunity w/ excellent rental history! This portfolio consists of 4 updated rental properties, all located within walking distance of the revitalized and trendy downtown Kannapolis. Just a short walk to A.L. Brown HS, the new Cannon Baller’s Stadium, UNC Research Center, the historic GEM theater, local breweries, restaurants, coffee shops, concerts and festivals! Less than 10 minutes to I-85. Portfolio consists of 2 Duplexes and 2 Single Family homes (132/134 Basin, 200 Basin, 208/210 Basin & 220 Basin). See Basin Property Spreadsheet in attachments for additional information.
*** DO NOT DISTURB TENANTS. NO WALK UP SHOWINGS. NO SIGN IN YARD. ***

Last Agent to Sell the Property

Lucia Verville

Southern Homes of the Carolinas, Inc License #247242 Listed on: 09/22/2023

Co-Listed By

Lori MacLeod

Southern Homes of the Carolinas, Inc License #248386

Last Buyer's Agent

Logan Abrams

Realty One Group Revolution License #230121

Realty One Group Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 88

Home Design

  • Wood Siding

Interior Spaces

  • 4,241 Sq Ft Home
  • Wired For Data
  • Insulated Windows
  • Insulated Doors
  • Vinyl Flooring
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Basement

  • Partial Basement
  • Exterior Basement Entry
  • Crawl Space

Parking

  • Varies By Unit
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating
  • Heat Pump System
  • Baseboard Heating

Additional Features

  • Covered Patio or Porch
  • Wooded Lot

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, trash collection
  • Assessor Parcel Number 5613-99-3721-0000

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Portfolio
  • Year Built: 1940
  • Road Surface Type: Gravel, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: No
  • Flooring: Vinyl
  • Sq Ft Unheated Basement: 1182
  • Appliances: Electric Range, Refrigerator
  • Other Equipment: Network Ready
  • Owner Pays: Exterior Maintenance, Trash Collection
  • Has Basement: Exterior Entry, Partial
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 9
  • Door Features: Insulated Door(s)
  • Living Area: 4241
  • Window Features: Insulated Window(s)

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Wood
  • Patio And Porch Features: Covered, Front Porch

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway, On Street

Utilities

  • Heating: Baseboard, Central, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling: Varies by Unit
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

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

Lot Info

  • Lot Features: Wooded
  • Lot Size Area: 88
  • Lot Size Units: Acres
  • Parcel Number: 5613-99-3721-0000
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RV

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Conditional

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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List Price
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 List to Sale Price per Sq Ft
10/23/2023 10/23/23 Sold $870,000 -0.8% $205 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $877,440 0.0% $207 / Sq Ft
03/15/2023 03/15/23 Rented $1,700 0.0% --
10/26/2022 10/26/22 For Rent $1,700 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lucia Verville

    Seller's Agent in 2023

    Lucia Verville

    Southern Homes of the Carolinas, Inc

    (704) 517-8225

    4 in this area

    11 Total Sales

    Lucia Verville
    Section Image
  • Lori MacLeod

    Seller Co-Listing Agent in 2023

    Lori MacLeod

    Southern Homes of the Carolinas, Inc

    (704) 881-2246

    3 in this area

    14 Total Sales

    Lori MacLeod
    Section Image
  • Logan Abrams

    Buyer's Agent in 2023

    Logan Abrams

    Realty One Group Revolution

    (704) 239-8763

    1 in this area

    93 Total Sales

    Logan Abrams
    Section Image
See All Agents

Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4074059

Canopy MLS (Canopy Realtor® Association)

APN: 5613 99 3721

North Carolina Cabarrus County Kannapolis 28083

220 Basin Ave, Kannapolis, NC

This home is located at 220 Basin Ave, Kannapolis, NC 28083 since 22 September 2023. This property was built in 1940. 220 Basin Ave is a home located in Cabarrus County with nearby schools including North Kannapolis Elementary School, Kannapolis Middle, and A.L. Brown High School.

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