Kannapolis 3 BR Charming Downtown Flip or Rental $165k

Rowan County, Kannapolis, NC, 28083
Sold
Listed at: June 19th, 2023
Price
$165,000
ARV
$300,000
Gross Margin
$135,000
Sq. Footage
1803
Type
Single-Family
Parking
Carport
Year build
1938
Lot size
0.26 acres
Bedrooms
3
Bathrooms
1.5
Half Bathrooms
0
Summary

I thought you might like this charming 3br brick FLIP or Rental opportunity in downtown Kannapolis

xxx Sloop Ave, Kannapolis, NC 28083

OFF MARKET $165k

Great Location 1.5 miles from Atrium Ballpark

  • 1,803 sqft (approximately), 3 bd, 1.5 ba on corner lot -- right downtown
  • 6 year old Roof & Goodman HVAC (2017)
  • Electric updates (200 Amp) and some plumbing updates
  • 1308 sqft main floor, Plus 500 sqft upstairs 
  •  2 covered porches & large carport/workshop
  • No apparent structural or foundation issues
  • Vacant with Lockbox in place

FLIP ARV $280-$300k

(depending how the square footage is calculated)

RENT ARV $1500-$1600 (per Rentometer)

Google Link to More PHOTOS

For Lock Box Access CLICK HERE 


Transaction Details:

  • Vacant at closing
  • Cash or quick-closing funds only
  • Buyer pays all closing costs
  • $5,000 deposit (applied toward the purchase price)
  • Guaranteed clear title through closing Attorney

 Have Questions? Want to inspect this property?

  Call / Text Rochelle 704-765-4800

Rochelle@solutionhomeinvestors.com

Want to join our BUYER'S LIST?

WE ONLY OFFER OUR PERSONALLY OWNED PROPERTIES OR ASSIGNABLE CONTRACTS

Property information presented above is believed to be accurate; buyer to perform due diligence

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Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Rochelle Fenlason

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Disposition manager