210 Basin Avenue, Kannapolis, NC 28083
Local realty services provided by:CENTURY 21 DiGioia Realty
Listed by: logan abrams
Office: realty one group revolution
MLS#:4370322
Source:CH
210 Basin Avenue,Kannapolis, NC 28083
$1,399,900
- 10 Beds
- 8 Baths
- 5,450 sq. ft.
- Multi-family
- Active
Price summary
- Price:$1,399,900
- Price per sq. ft.:$256.86
About this home
Pick up a great portfolio consisting of 8 units, 5 homes (3 duplex, 2 SFR) in the rapidly appreciating market of downtown Kannapolis, all on the same block! The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and over 60% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 4/5 of the homes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants who are backed & guaranteed by a community health program providing very stable rental income. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
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Home facts
- Year built:1940
- Listing ID #:4370322
- Updated:May 15, 2026 at 01:16 PM
Rooms and interior
- Bedrooms:10
- Total bathrooms:8
- Full bathrooms:8
- Kitchen Description:Dishwasher, Electric Cooktop, Electric Oven
- Living area:5,450 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard
- Central air:Yes
Structure and exterior
- Year built:1940
- Building area:5,450 sq. ft.
- Lot area:1.5 Acres
- Construction Materials:Hardboard, Vinyl, Wood
- Foundation Description:Crawl Space
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,399,900
- Price per sq. ft.:$256.86
Features and amenities
- Laundry features:In Kitchen
Parking
- Parking description:Driveway
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