Price Reduction
Address
12 Jordan Lane, Kannapolis, NC
Price
$ 790,000
Property Attributes
- ID#4129577
- TypeMulti-Family
- CountyCABARRUS
- CityKannapolis
- AreaCabarrus County
- NeighborhoodPetrea Heights
- Zip28081
- Style
- Price$ 790,000
- Bedrooms14
- Full Bathrooms8
- Half Bathrooms0
- Lot Size6,970 SqFt
Data Source:
Canopy MLS
Property Description
Calling All Investors!!! INSTANT income-producing properties close to the revitalized uptown Kannapolis area. It consists of one apartment building (12 Jordan Ln) with three units. One unit has two bedrooms and one bath and the other two are one bedroom and one bath. There are three single-family homes (513 Broad St, 515 Broad St, and 4 Jordan Ln) each having 2 bedrooms and one bath. There are two trailers (2 Jordan Ln and 6 Jordan Ln) each having two bedrooms and one bath. There are a total of eight rental units currently being rented. The seller would prefer selling all the properties together but will consider selling 515 Broad St, 513 Broad St, and the trailer behind it in one transaction and then 4 Jordan Ln, 12 Jordan Ln, and the trailer behind it in another transaction. Trailers are considered personal property.
| Elementary School | Middle School | High School |
|---|---|---|
| Unspecified Elementary School | Unspecified Middle School | Unspecified High School |
| Price History | |
|---|---|
| 4/15/2024 | Listed $810,000 |
| 5/9/2024 | 3% - $790,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Cooling | Central Air |
| Appliances | Gas Cooktop,Gas Oven |
| Zoning | R8 |
| Construction Materials | Aluminum |
| Pets Allowed | No |
| Year Built | 1930 |
| Tenant Pays | Other |
| Property SubType | Portfolio |
| Additional Parcels Description | 5613-37-6017-0000,5613-37-7018-0000,5613-37-7102-0000 |
| County | Cabarrus |
| New Construction | No |
| Property Type | Residential Income |
| Subdivision Name | Petrea Heights |
| High School | Unspecified |
| City | Kannapolis |
| Total Units | 8 |
| Street Name | Jordan |
| Elementary School | Unspecified |
| Middle/Junior High School | Unspecified |
| Standard Status | Active |
| CAR_HOASubjectTo | None |
| Construction Type | Site Built |
| Tax Assessed Value | 146480 |
Interior Features
| Full Baths | 8 |
|---|---|
| Street Suffix | Lane |
| Laundry Features | Electric Dryer Hookup |
| Total Bedrooms | 14 |
Exterior Features
| Parking Features | Parking Space(s) |
|---|---|
| Water Source | City |
| Lot Size Area | 0.16 |
| Foundation Details | Basement,Crawl Space |
| Road Surface Type | Gravel,Concrete |
| Lot Size Units | Acres |
| Road Responsibility | Publicly Maintained Road,Private Maintained Road |
| Main Level Garage YN | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 28081
Price
Visits
Year Built
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