517 Denver Street, Kannapolis, NC 28083
Local realty services provided by:CENTURY 21 DiGioia Realty
Listed by: logan abrams
Office: realty one group revolution
MLS#:4426175
Source:CH
517 Denver Street,Kannapolis, NC 28083
$750,000
- 6 Beds
- 6 Baths
- 4,800 sq. ft.
- Multi-family
- Active
Price summary
- Price:$750,000
- Price per sq. ft.:$156.25
About this home
Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units 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 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. 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 #:4426175
- Updated:October 29, 2026 at 01:28 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
- Full bathrooms:6
- Kitchen Description:Electric Oven, Electric Range
- Living area:4,800 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Baseboard
- Central air:Yes
Structure and exterior
- Year built:1940
- Building area:4,800 sq. ft.
- Lot area:1 Acres
- Architectural Style:Bungalow
- Construction Materials:Hardboard
- Foundation Description:Crawl Space
Schools
- High school:Unspecified
- Elementary school:Unspecified
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$156.25
Features and amenities
- Laundry features:Dryer, In Kitchen
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