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For SaleMLS #4365245

2909 Glendale Avenue

Kannapolis, NC, 28081

$225,000

Key Facts

Bedrooms
3
Bathrooms
2
Living Area
1,679 sqft
Year Built
1930
Type
Residential · Single Family Residence
Status
For Sale

Equestrian Amenities

  • Barn / StableBarn or stable on property

About This Property

Fantastic investment or owner occupant opportunity priced well below market value! This recently renovated ranch in Kannapolis is a true turnkey rental, ideal for investors seeking immediate cash flow. The home features recent updates including new appliances and offers a functional, single-level layout that appeals to long-term tenants. Currently occupied by a great tenant, this property provides stable, reliable income from day one. Strong financials make this an attractive addition to any portfolio: Monthly rent: $1,650 Annual income: $19,800 Estimated annual expenses: $3,000 (taxes + insurance) Net Operating Income: $16,800 annually Conveniently located near shopping, dining, and everyday essentials, the property combines investor-friendly numbers with a location tenants love. A solid, low-maintenance opportunity with immediate returns in a growing area—don’t miss it! Agents, please read agent remarks for showing process.

Location

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Approximate location: Kannapolis, NC, 28081.

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