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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1106 Lane St , Kannapolis, NC 28083
$375,000
Est. Payment: $833.33/mo
4 Bed
2 Bath
1896 Sqft
Status: Active | Days on site: 117
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13311 - 27447
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House Description

Location, Location, Location! Kannapolis NC is growing, and this is your chance to own a well-maintained, income-producing brick duplex just minutes from the revitalized Downtown district and Atrium Health Ballpark. Situated on a corner lot, this duplex features two 2-bedroom, 1-bath units, each just under 950 sq ft. Live in one and let the other help cover the mortgage—or rent both and create your own income-producing investment. Both units feature a matching layout, strong rental history, and key system upgrades already completed, including central air (2023), gas furnace (2019), PEX plumbing (2024), and windows (2023). The 1106 Lane St unit has recently become vacant, providing flexibility for an owner-occupant or investor. The property is professionally managed, making this a great opportunity to own an investment property in a growing Kannapolis market. Please use 503 Mable Ave for directions. 503 Mable Ave is currently owner-occupied and may be shown with an approved showing. 1106 Lane St is currently not ready for showings while the owner assesses the unit following the recent move-out.

Highlights

Listed by Jackie Lowe , 704-644-9784 Servant Heart Realty Group LLC , 704-748-0922.

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1935

County

Cabarrus

Neighborhood

Jackson Park

Listing ID

4370366

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Electric Range
Air Cond:Central Air
Fireplaces:Living Room
Floor:Laminate,Vinyl
Above Ground Sq Ft:1896
Below Ground Sq Ft:0
Other:
  • Additional:Has Fireplace
Water:City

Exterior Features

Lot:Corner Lot
Sewer:Public Sewer
Parking Features:Driveway,On Street
Principal Interest
$833
Taxes
$239

Home Price

$375,000

Loan Details

30 yrs
%

Down Payment

20%
$75,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$833.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $833.33 $239.06 $0.00 $1,072.40
Yearly $10,000.00 $2,868.75 $0.00 $12,868.75
Total $300,000.00 $86,062.50 $0.00 $386,062.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kannapolis, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.