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
Approximate location: Kannapolis, NC, 28081.