1102 Lane Street, Kannapolis NC 28083

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$475,000

1102 Lane Street, Kannapolis, NC 28083

bedrooms

bathrooms

square feet

2,748

Acreage

0.26

Open Houses

year built

1939

Full Baths

Half Baths

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Prime investment opportunity in Kannapolis! Could be an office or residential based on the zoning! This 5-bedroom, 2-bathroom property is a proven cash-flowing Airbnb with an impressive 8%+ cap rate. Spaciously laid out over 2,700 square feet, the home is perfect for accommodating large groups, offering consistent income potential. Located just minutes from the thriving Kannapolis downtown area, guests can easily access local attractions, entertainment, dining, and shopping, enhancing the property's appeal and occupancy rates. Recent upgrades and a stream of 5-star reviews have allowed for higher nightly rates, further boosting revenue. With average monthly incomes between $3,600 and $4,100, this property’s financial performance speaks for itself. Whether you’re an investor looking to expand your portfolio or seeking a turnkey vacation rental, this property delivers on both value and location. Don’t miss out—schedule a showing today to experience this exceptional opportunity firsthand!

Location
Subdivision	Jackson Park
County	Cabarrus
Elementary School	Unspecified
Middle School	Unspecified
High School	Unspecified

Driving directions

Open houses

None scheduled.

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MLS number: 4194735

Listing agent: Mike Hege #247891

Listing broker: Compass Carolinas Llc (704) 234-7880

Last update: Wednesday, January 1 2025 at 3:07 a.m. EST

Kotohomes National