Listing by: Stacy Label, Savvy + Co Real Estate, StacyLabel@yahoo.com
27 Beds
114 Full baths
7,762SqFt
Active
Investor Opportunity! Don’t miss this rare opportunity to acquire a fully leased, cash-flowing 7-home rental portfolio in the high-demand Kannapolis market. Ideally located near downtown, major highways, hospitals, shopping, and dining, these properties are positioned in Cabarrus and Rowan Counties, offering exceptional long-term growth potential. Each home is tenant-occupied, providing immediate income with minimal hassle. The portfolio is priced attractively— below market value, with an average under $260K per home, offering built-in equity from day one. Situated in a rapidly growing area with strong rental demand and low vacancy rates, this turnkey package is ideal for investors looking to scale quickly or diversify their holdings with a performing asset. Only serious inquiries will be considered. Inspections will be scheduled after an accepted offer.
Property Details | ||
|---|---|---|
| Price | $1,799,999 | |
| Bedrooms | 27 | |
| Full Baths | 114 | |
| Half Baths | 1 | |
| Lot Size Area | 0.26 | |
| Lot Size Area Units | Acres | |
| Property Type | MultiFamily | |
| MLS Sub type | Portfolio | |
| Stories | 2 | |
| Year Built | 2008 | |
| Subdivision | None | |
| Heating | Central, Heat Pump | |
| Foundation | Slab | |
| Laundry Features | Electric Dryer Hookup, Laundry Closet | |
| Parking Description | Driveway | |
Geographic Data | ||
| County | Rowan | |
| Latitude | 35.51157604 | |
| Longitude | -80.5979098 | |
Address Information | ||
| Address | 1245 Carolyn Avenue, Kannapolis, NC 28083 | |
| Postal Code | 28083 | |
| City | Kannapolis | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Savvy + Co Real Estate | |
| Listing Office Phone | 704-330-8326 | |
| Listing Agent | Stacy Label | |
| Listing Agent Phone | 704-302-5035 | |
| Attribution Contact | StacyLabel@yahoo.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
| Terms | Cash, Conventional | |
School Information | ||
| Elementary School | Unspecified | |
| Middle School | Unspecified | |
| High School | Unspecified | |
MLS Information | ||
| Days on market | 249 | |
| MLS Status | Active | |
| Listing Date | Sep 5, 2024 | |
| Listing Last Modified | May 12, 2025 | |
| Tax ID | 151583 | |
| MLS # | CAR4176085 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 2025-07-01T04:38:14.843229Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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