517 Denver ST, Kannapolis, NC 28083
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517 Denver ST, Kannapolis, NC 28083
517 Denver ST, Kannapolis, NC 28083
517 Denver ST, Kannapolis, NC 28083
517 Denver ST, Kannapolis, NC 28083
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Shatina Allison

Shatina Allison

+1(980) 418-8332
$ 750,000
Est. payment /mo
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517 Denver ST Kannapolis, NC 28083

6 Beds

6 Baths

4,800 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $156

MLS Listing ID 4426175

Style Bungalow

Bedrooms 6

Full Baths 6

Abv Grd Liv Area 4,800

Year Built 1940

Lot Size 1.000 Acres

Acres 1.0

Property Sub-Type Duplex

Property Description

Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units on the same block. The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!

Location

State NC

County Cabarrus

Zoning res

Interior

Heating Baseboard, Central, Electric

Cooling Ceiling Fan(s), Central Air, Varies by Unit, Window Unit(s)

Fireplace false

Appliance Dryer, Electric Oven, Electric Range, Electric Water Heater

Laundry In Kitchen

Exterior

Street Surface Gravel,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water City

Architectural Style Bungalow

Structure Type Hardboard Siding

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Yes

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Subject to Lease, None

© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Logan Abrams • Realty One Group Revolution • logan@charlottesagent.com

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Shatina Allison

+1(980) 418-8332

shatina.allison@exprealty.com

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517 Denver ST