Fantastic investment or owner occupant opportunity priced well below market value! This recently renovated ranch in Kannapolis is a true turnkey rental, ideal for investors seeking immediate cash flow. The home features recent updates including new appliances and offers a functional, single-level layout that appeals to long-term tenants. Currently occupied by a great tenant, this property provides stable, reliable income from day one. Strong financials make this an attractive addition to any portfolio: Monthly rent: $1,650 Annual income: $19,800 Estimated annual expenses: $3,000 (taxes + insurance) Net Operating Income: $16,800 annually Conveniently located near shopping, dining, and everyday essentials, the property combines investor-friendly numbers with a location tenants love. A solid, low-maintenance opportunity with immediate returns in a growing area—don’t miss it! Agents, please read agent remarks for showing process.
Keller Williams ConnectedBrokerage Email: mike@dreamteamunited.comLicense #337382
Home Details
Home Type
Single Family
Year Built
Built in 1930
Lot Details
8,712 Sq Ft Lot
Level Lot
Cleared Lot
Parking
2 Car Detached Garage
Driveway
3 Open Parking Spaces
Home Design
Brick Exterior Construction
Stone Siding
Vinyl Siding
Interior Spaces
1-Story Property
Crawl Space
Washer and Electric Dryer Hookup
Kitchen
Oven
Microwave
Bedrooms and Bathrooms
3 Main Level Bedrooms
2 Full Bathrooms
Utilities
Central Heating and Cooling System
Community Details
No Home Owners Association
Listing and Financial Details
Assessor Parcel Number 156274
Home Details
Home Type
Single Family
Year Built
Built in 1930
Lot Details
8,712 Sq Ft Lot
Parking
2
Listing Details
Property Type: Residential
Property Sub Type: Single Family Residence
Year Built: 1930
Road Surface Type: Gravel, Paved
Unit Levels: One
Ratio CurrentPrice/TotalPropertyHLA: 134.01
Geocode Confidence: High
Attribution Contact: mike@dreamteamunited.com
Special Features: None
Interior Features
Foundation Details: Crawl Space
Fireplace: No
Lower Level Sq Ft: 0
Main Level Sq Ft: 1679
Third Level Sq Ft: 0
Sq Ft Unheated Main: 420
Sq Ft Unheated Total: 420
Sq Ft Upper: 0
Appliances: Microwave, Oven, Refrigerator
Above Grade Finished Sq Ft: 1679
Basement YN: No
Full Bathrooms: 2
Total Bedrooms: 3
Living Area: 1679
Bedroom Main: 3
Exterior Features
New Construction: No
Construction Type: Site Built
Pool Private: No
Construction Type: Aluminum, Brick Partial, Stone, Vinyl
Garage/Parking
Main Level Garage YN: 1
Carport Y N: No
Garage Spaces: 2
Garage Yn: Yes
Open Parking Spaces: 3
Open Parking: Yes
Parking Features: Driveway, Detached Garage
Utilities
Heating: Central
Sewer: County Sewer
Laundry Features: Electric Dryer Hookup, Washer Hookup
Cooling: Central Air
Water Source: County Water
Condo/Co-op/Association
Senior Community: No
Association: No
Schools
Middle Or Junior School: Unspecified
HOA Subject To: None
Lot Info
Lot Features: Cleared, Level
Lot Size Units: Acres
Parcel Number: 156274
Lot Size Acres: 0.2
Additional Parcels: No
Zoning Specification: SFR
MLS Schools
Elementary School: Unspecified
High School: Unspecified
Map
Range of Values:
--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics
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Average Value
Not Available
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
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
Land
Improvement
2025
$2,128
$175,837
$22,452
$153,385
2024
$2,128
$175,837
$22,452
$153,385
2023
$2,128
$175,837
$22,452
$153,385
2022
$1,240
$96,344
$17,271
$79,073
2021
$1,240
$96,344
$17,271
$79,073
2020
$1,240
$96,344
$17,271
$79,073
2019
$1,240
$96,344
$17,271
$79,073
2018
$1,013
$79,543
$17,271
$62,272
2017
$1,013
$79,543
$17,271
$62,272
2016
$1,013
$79,543
$17,271
$62,272
2015
$1,028
$79,543
$17,271
$62,272
2014
$988
$79,001
$14,392
$64,609
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
04/02/202604/02/26
For Sale
$225,000
--
$134 / Sq Ft
Source: Canopy MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Warranty Deed
$150,000
None Listed On Document
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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