1245 Carolyn Avenue, Kannapolis, NC 28083

Local realty services provided by:ERA Sunburst Realty
Listed by:stacy label
Office:savvy + co real estate
MLS#:4176085
Source:CH
1245 Carolyn Avenue,Kannapolis, NC 28083
$1,799,999
  • 27 Beds
  • 115 Baths
  • 7,762 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$1,799,999
  • Price per sq. ft.:$231.9

About this home

Investor Opportunity! Don’t miss this rare opportunity to acquire a fully leased, cash-flowing 7-home rental portfolio in the high-demand Kannapolis market. Ideally located near downtown, major highways, hospitals, shopping, and dining, these properties are positioned in Cabarrus and Rowan Counties, offering exceptional long-term growth potential. Each home is tenant-occupied, providing immediate income with minimal hassle. The portfolio is priced attractively— below market value, with an average under $260K per home, offering built-in equity from day one. Situated in a rapidly growing area with strong rental demand and low vacancy rates, this turnkey package is ideal for investors looking to scale quickly or diversify their holdings with a performing asset. Only serious inquiries will be considered. Inspections will be scheduled after an accepted offer.

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Home facts

  • Year built:2008
  • Listing Id #:4176085
  • Updated:August 15, 2025 at 01:14 PM

Rooms and interior

  • Bedrooms:27
  • Total bathrooms:115
  • Full bathrooms:114
  • Half bathrooms:1
  • Living area:7,762 sq. ft.

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:2008
  • Building area:7,762 sq. ft.
  • Lot area:0.26 Acres

Schools

  • High school:Unspecified
  • Elementary school:Unspecified

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,799,999
  • Price per sq. ft.:$231.9
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