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220 Basin Avenue

Kannapolis, NC 28083

9 beds
– baths
4,241 sqft
~88 acre lot
$205 per sqft
1940 build
– on site

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An investor's dream...Incredible investment opportunity w/ excellent rental history! This portfolio consists of 4 updated rental properties, all located within walking distance of the revitalized and trendy downtown Kannapolis. Just a short walk to A.L. Brown HS, the new Cannon Baller’s Stadium, UNC Research Center, the historic GEM theater, local breweries, restaurants, coffee shops, concerts and festivals! Less than 10 minutes to I-85. Portfolio consists of 2 Duplexes and 2 Single Family homes (132/134 Basin, 200 Basin, 208/210 Basin & 220 Basin). See Basin Property Spreadsheet in attachments for additional information. *** DO NOT DISTURB TENANTS. NO WALK UP SHOWINGS. NO SIGN IN YARD. ***

Listing courtesy of CMLS / Southern Homes of the Carolinas, Inc

Last checked: Checking… • Last updated Jun 11, 2024 •

MLS# 4074059 —

The Building

Year Built:

1940
New Construction:

false
Construction Type:

Site Built
Subtype:

Portfolio
Construction Materials:

Wood
# of Units Total:

4
Foundation Details:

Basement, Crawl Space
Basement:

Exterior Entry, Partial
Basement:

true
Patio And Porch Features:

Covered, Front Porch
Door Features:

Insulated Door(s)
Window Features:

Insulated Window(s)
Security Features:

Smoke Detector(s)
Building Area Total:

4241
SqFt Unheated Basement:

1182

Interior

Flooring:

Vinyl, Vinyl
Living Area:

4241
Fireplace:

false

Location

Latitude:

35.496991
Longitude:

-80.614897

The Property

Type:

Residential Income
Lot Features:

Wooded
Lot Size Area:

88
Lot Size Units:

Acres
Zoning Specification:

RV
Other Equipment:

Network Ready
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Gravel, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

5613-99-3721-0000
Tax Assessed Value:

243180

Beds

Bedrooms Total:

9

Baths

Full Baths:

6

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Baseboard, Central, Heat Pump
Cooling:

Varies by Unit

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Electric Range, Refrigerator
Laundry Features:

Main Level

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Unspecified

The Community

HOA Subject To:

None
Senior Community:

false
Pets Allowed:

Conditional

Parking

Parking Features:

Driveway, On Street
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
10/23/23 Oct 23, 2023	Sold	CMLS	$870,000	-0.8%
9/29/23 Sep 29, 2023	Pending	CMLS	$877,440
9/29/23 Sep 29, 2023	Listed / Active	CMLS	$877,440

Multifamily Sold on 10/23/2023

$870,000

Listing provided by broker:

Lucia Verville

Southern Homes of the Carolinas, Inc

lucia.verville@gmail.com

Newest listings in Kannapolis, NC

Based on information submitted to the MLS GRID as of 4/3/2025 4:52 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

220 Basin Avenue

Kannapolis, NC 28083