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843.283.2889
Lake and Village Realty
815 Desoto Avenue, Kannapolis, NC 28083
- $205,000
- 2
- BD
- 1,337
- SqFt
Listing courtesy of Keller Williams Lake Norman. 910-583-3817
Sold listing courtesy of Costello Real Estate and Investments LLC
- Sold Price
- $205,000
- List Price
- $215,000
- MLS#
- 4335383
- Status
- CLOSED
- Days on Market
- 108
- Property Type
- Residential Income
- Architectural Style
- Ranch
- Year Built
- 1945
- Closing Date
- May 11, 2026
- Bedrooms
- 2
- Full Baths
- 2
- Lot Size
- 21,344
- Lot Size Area
- 0.49
- Living Area
- 1,337
- Sq Ft Total
- 1337
- County
- Cabarrus
- Special Conditions
- None
Property Description
INVESTOR SPECIAL | High-Yield Potential in the Revitalized Kannapolis areas. Seize a rare value-add opportunity in one of the fastest-growing submarkets of the Charlotte metro area. This income-producing duplex is strategically located just blocks from the revitalized Downtown Kannapolis district, Atrium Health Ballpark, and the NC Research Campus. Situated on a sprawling 0.49-acre lot, this property offers the perfect footprint for a high-equity renovation or a long-term buy-and-hold strategy. The Opportunity: Dual Income Streams: Two distinct units provide flexible rental options or a "house hack" opportunity. Massive Lot (0.49 Acres): Significant outdoor space with 2 detached storage sheds, offering additional value or potential for tenant storage. Strategic Location: Premium proximity to the Cannon Ballers stadium and the booming social district ensures high tenant demand and long-term appreciation. Proven History: Long-term rental history with significant "as-is" upside, tenants just moved out. Unit Breakdown: Unit A (Left 725 sq ft):Side rear entry, laundry room, kitchen with a small eat-in space, electric range and refrigerator, and a primary bedroom featuring a fireplace and dining/living room. Unit B (Right 611 sq ft ): Rear entry, laundry space (washer/dryer included as gift), kitchen has a an electric range, refrigerator and microwave, eating areas, living room and primary bedroom with window unit and fireplace. This is being Sold AS-IS. This is a true "bones and location" property with great income potential. Professional photography will be uploaded later this week. Original fireplaces in the units are not sure if they work according to the seller, the heating a cooling come from either the window units in one unit which provides both heat and cool and the other unit has a window unit for cooling and a fireplace type unit sitting in front of the other fireplace that provided heat for that unit.
Additional Information
- Fireplace
- Yes
- Floor Coverings
- Carpet, Laminate, Vinyl, Other - See Remarks
- Equipment
- Electric Oven, Electric Range, Refrigerator
- Foundation
- Crawl Space
- Laundry Location
- Electric Dryer Hookup, In Hall, Utility Room, Inside, Laundry Closet, Laundry Room, Main Level, Washer Hookup
- Heating
- Other - See Remarks
- Water
- City
- Sewer
- Public Sewer
- Exterior Features
- Other - See Remarks
- Exterior Construction
- Wood
- Roof
- Architectural Shingle
- Parking
- Detached Carport, Driveway, Parking Space(s), Shared Driveway, Other - See Remarks
- Driveway
- Gravel, Paved
- Lot Description
- Cleared, Hilly, Level
- Elementary School
- Forest Park
- Middle School
- Kannapolis
- High School
- A.L. Brown
- Zoning
- R8
- Total Property HLA
- 1337
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