Rare investment opportunity with exceptional income potential in one of the Charlotte region's fastest-growing rental markets. Situated on a large lot with no HOA, this property offers multiple value-add opportunities, including the potential to create a high-income co-living or workforce housing investment. The main home requires only light finishing work, while the detached workshop presents an excellent opportunity for future ADU conversion. Additional features include a detached 2-car garage, carport, and flexible layout with potential for expanded bedroom count. Ideal for co-living, mid-term rentals, corporate housing, or buy-and-hold investors. Income projections and investment analysis are available upon request; buyers should perform their own due diligence. Additional photos, floor plans, and video walkthrough are also available.
Based on the average sale price from the Hickory, NC office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
1400 Central Drive Kannapolis, NC is a Single Family Home for sale at $206000 with 2761 sqft and a lot size of 0.26 Acres Acre(s). 1400 Central Drive Kannapolis has 4 bedrooms, 2 baths and was built in 1940. The property's zip code is 28083 which is in Kannapolis, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.