Investor and builder opportunity in a growing area of Kannapolis! Located less than a mile from I-85 on a corner lot with road frontage on two streets, this property offers excellent redevelopment potential. The existing home on the first parcel requires significant repairs, including structural work, and is being… Read More sold as-is. This is an ideal project for a builder, investor, or buyer looking to renovate or potentially rebuild. The second parcel is approximately 0.65 acres, bringing the total acreage to around 1 acre. According to the City of Kannapolis, the property is zoned R-4 and may offer the potential to be subdivided into up to four lots. City water and sewer are available but have not been active for several years. There may also be a previously used septic system and well on the property. Buyers are encouraged to contact Kannapolis City Zoning to verify subdivision potential, utility availability, and development requirements. Subject to upset bid period. All contents remaining in the home at closing will convey. HVAC is electric; however, sellers make no representations as to its condition, as they have not occupied the property. The home also features a basement with good storage space that is not included in the square footage. Great opportunity for redevelopment or investment in an established area! Read Less
Courtesy of Howard Hanna Allen Tate Concord.
Listing Snapshot
Days Online
23
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
1
Square Ft.
1,125
Lot Size
1.04 Acres
Year Built
1945
MLS Number
4358180
30 Days Snapshot Of 28083
$303k
+1%
(avg) sold price
33
+43%
homes sold
50
-13%
(avg) days on market
Snapshot
Area Map
Additional Details
Interior Features
Third SqFt: 0, SqFt Lower: 0, Main SqFt: 1125, Unheated Total SqFt: 0
Appliances & Equipment
Description: "None"
Building
Finished Area Above Grade: 1125, Area: 1125, Architecture: "Transitional", Building Area: 1125, Construction Materials: "Other - See Remarks", Levels: "One", Year Built: 1945, Construction Type: Site Built
Cooling
Details: "Central Air"
Garage
Garage Spaces: 1, Man Level Garage: 0, Garage SqFt: 280
Listings courtesy of Canopy MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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