1102 Lane ST Active Save Request In-Person Tour Request Virtual Tour
Kannapolis,NC 28083
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,748 sqft
Price per Sqft $172
Subdivision Jackson Park
MLS Listing ID 4194735
Bedrooms 5
Full Baths 2
Year Built 1939
Lot Size 0.260 Acres
Property 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 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!
Location
State NC
County Cabarrus
Zoning OI
Interior
Heating Central
Cooling Central Air
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Brick Partial,Vinyl
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition None