$475,000
Bedrooms
5
Baths
2
Sq. Feet
2748
Year Built
1939
Days On Market
7
$/SqFt
$173
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Home Description: 1102 Lane St
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!
Available now at $475,000
Room Locations
Neighborhood
The average asking price of a 5 bedroom Kannapolis home in this zip code is $468,114 (1.4% less than this home).
This home is priced at $173/sqft, which is 6.1% less than similar homes in the 28083 zip code.
Map Map | Street Street | Birds Eye Birds Eye
1102 Lane St Kannapolis NC 28083
Similar to: 1102 Lane St
For Sale Near: 1102 Lane St
School Information
Financial
Area Stats
These statistics are updated daily from the Canopy MLS. For further analysis or to obtain statistics not shown below please call Highgarden Real Estate at (646) 249-0129 and speak with one of our real estate consultants.
Listing Courtesy of COMPASS.
1102 Lane St, Kannapolis NC is a single family home of 2748 sqft and is currently priced at $475,000 . This single family home has 5 bedrooms. A comparable home for sale at 2517 Lane St in Kannapolis is listed at $400,000. This home on 1102 Lane St has not had a price change. In addition to single family homes, Highgarden also makes it easy to find Homes, Condos, New Homes and Foreclosures in Kannapolis, NC. Salem Creek, Mallard Pointe and Shallotte Terrace are nearby neighborhoods. MLS 4194735 has been posted on this site since 11/11/2024 (today).
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