1102 Lane St
Kannapolis, NC 28083
5 Beds
2 Baths
2,748 Sq Ft
19 Days on Market
For Sale $475,000
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Courtesy of COMPASS

Listing Agent & Comments

Mike HegeCOMPASS
704-491-9445mike.hege@compass.com License #247891
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!

MLS# CAR4194735 • Data provided by CanopyMLS as distributed by MLS Grid
Additional home details
Living Area2,748 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms5
Bathrooms2
Stories--
Year Built1939
Property TypeSingle Family Detached
ZoningO-I
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,714
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$236,449
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
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HouseCanary, Inc. Brokerage

1102 Lane St., Kannapolis, NC 28083

Single Family Detached
5 Beds
2 Baths
2,748 Sq Ft
19 Days on Market

Listing Agent & Comments

Mike HegeCOMPASS
704-491-9445mike.hege@compass.com License #247891
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!

MLS# CAR4194735 • Data provided by CanopyMLS as distributed by MLS Grid
Additional home details
Living Area2,748 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms5
Bathrooms2
Stories--
Year Built1939
Property TypeSingle Family Detached
ZoningO-I
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,714
Property in Flood Zone--
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $475,000
Request tour
Save
Courtesy of COMPASS
1102 Lane St
Kannapolis, NC 28083
5 Beds
2 Baths
2,748 Sq Ft
19 Days on Market

Listing Agent & Comments

Mike HegeCOMPASS
704-491-9445mike.hege@compass.com License #247891
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!

MLS# CAR4194735 • Data provided by CanopyMLS as distributed by MLS Grid
Additional home details
Living Area2,748 Sq.Ft.
Lot Size0.3 Acres
Total Rooms--
Bedrooms5
Bathrooms2
Stories--
Year Built1939
Property TypeSingle Family Detached
ZoningO-I
HOA Name--
HOA Fee--
HOA Includes--
Tax Year2024
Tax Amount$3,714
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$236,449
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
This property is missing data for:
Comparable properties and rental estimate
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $475,000
Request tour
Save
Courtesy of COMPASS