About 1245 Carolyn Avenue
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.
Features of 1245 Carolyn Avenue
| MLS® # | 4176085 |
|---|---|
| Price | $1,799,999 |
| Bedrooms | 27 |
| Bathrooms | 114.50 |
| Full Baths | 114 |
| Half Baths | 1 |
| Square Footage | 7,762 |
| Acres | 0.26 |
| Year Built | 2008 |
| Type | Residential Income |
| Sub-Type | Portfolio |
| Status | Active |
Community Information
| Address | 1245 Carolyn Avenue |
|---|---|
| Subdivision | None |
| City | Kannapolis |
| County | Rowan |
| State | NC |
| Zip Code | 28083 |
Amenities
| Garages | Driveway |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Electric Range, Electric Water Heater, Plumbed For Ice Maker, Refrigerator |
|---|---|
| Heating | Central, Heat Pump |
| Cooling | Ceiling Fan(s), Central Air, Heat Pump |
| Fireplace | No |
| Has Basement | No |
Exterior
| Construction | Vinyl |
|---|
School Information
| Elementary | Unspecified |
|---|---|
| Middle | Unspecified |
| High | Unspecified |
Additional Information
| Date Listed | September 5th, 2024 |
|---|---|
| Days on Market | 249 |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Office | Savvy + Co Real Estate |
|---|