1102 Ln Street
$475,000
5
2
2,748
2,748
$173
Listed By Compass
Description
Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offering consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property's...Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offering consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property's appeal and occupancy rates. Recent upgrades and a stream of 5-star reviews have allowed for higher nightly rates, further boosting revenue. With average monthly incomes between $3,600 and $4,100, this property’s financial performance speaks for itself. Whether you’re an investor looking to expand your portfolio or seeking a turnkey vacation rental, this property delivers on both value and location. Don’t miss out—schedule a showing today to experience this exceptional opportunity firsthand!
Listing Agent
Property Details for 1102 Ln Street
Parking Features
Driveway
Subdivision NameJackson Park
LISTING UPDATED: 11/12/2024 05:03 AM
Property Details for 1102 Ln Street
Status | Active |
---|---|
MLS # | 4194735 |
Days on Market | 14 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Single Family |
MLS Type | Residential / Single Family Residence |
Year Built | 1939 |
Lot Size | 0.26 AC / 11,325 SF |
County | Cabarrus County |
Building Information for 1102 Ln Street
Stories-Year Built1939Building Size-Lot Size0.26 AC / 11,325 SF
Property Information for 1102 Ln Street
Property History for 1102 Ln Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1102 Ln Street
Taxable ValueLand$58,500Additions$770Total$59,270
Home Facts
Beds0Lot Size11,250 SqFtStyleSingle Family ResidenceZoningO-ICountyCABARRUSAPN5624 21 2334
Schools near 1102 Ln Street
This home is within Kannapolis City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
Jackson Park Elementary PublicK to 5 | ||
Kannapolis Middle Public6 to 8 | ||
A. L. Brown High School Public9 to 12 | ||
Gw Carver Elementary PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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