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PRICE ONLY AT: $99,000.00!! (PRICE FOR ALL 3 DUPLEXES!) FANTASTIC BREAD AND BUTTER RENTAL UNITS!
1. 640-642 Wilson Street, Kannapolis, NC 28083
2. 644-646 Wilson Street, Kannapolis, NC 28083
3. 648-650 Wilson Street, Kannapols, NC 28083
These 3 duplexes are side by side on the same street! Each Duplex is a 2BR2BA structure(1BR 1BA each side). They are fixers but I would estimate light to medium repairs and updating, such as; rental grade carpet, paint, floor covering, rental grade appliances, etc. Estimates for repairs are $3000.00-$4000.00 per door. All units are vacant except for one. It rents for $295.00 per month.These should rent easily rent for $400.00 per month and rentals in this area are in high demand. Rents could total $2400 per month when fully occupied. Property Management already in place, or pick your own. These duplexes are close to everything and only minutes to I-85 freeway, Concord and Charlotte Metro! The ARV is fantastic! “ARV COULD BE AS HIGH AS $240,000.00” ($80,000 each duplex)when fully rented! Drive by only, “Do Not Disturb Tenants.” All offers must be made subject to interior inspection.
These will not last so act quickly!! Pictures are just from 1 of the units but each duplex is almost identical to pictured one shown)
SOURCE OF THESE SALE COMPARABLES: FIDELITY NATIONAL TITLE INSURANCE COMPANY NOTE: THESE SALE COMPARISONS ARE JUST FOR ONE DUPLEX! MULTIPLY X 3=$240,000
# Address Date Price $/SF Bld/Area RM/BR/Bth YB Lot Pool Proxim.
1) 903 HILLCREST ST 07/12/2016 $82,000 $ show contact info
2) 1507 JAMAICA RD 05/27/2016 $84,000 $ show contact info
These Properties on Wilson St are multi-family homes in Kannapolis, NC 28083. These duplexes are approx. 3,384 square foot and sits on a 0.44 acre lot and features 2 bedrooms and 2 bathroom for each duplex(!BR 1BA each side) These properties were built in 1938. Nearby schools include Kannapolis Interm Elementary School, Harvest Christian Academy and Faith Christian Academy. The closest grocery stores are ALDI Kannapolis, ALDI and La Mexicana Grocery Store. Nearby coffee shops include WiredCoffeeEspress and FRENCH EXPRESS COFFEE HOUSE. Nearby restaurants include Acapulco Restaurant, McDonald’s and KFC. 640 Wilson St is near Greenway Park and Bakers Creek Park.
TERMS: ALL CASH. NO FINANCING AT ALL. NO HARD MONEY. CLOSING ATTORNEY ALREADY IN PLACE. TITLE IS CLEAN. QUICK/FAST CLOSINGS ONLY. ALL VIEWINGS AND INSPECTIONS ARE BY APPOINTMENT ONLY ONCE OFFER IS RECEIVED. “MAKE ALL OFFERS SUBJECT TO INTERIOR INSPECTION.” ONLY QUALIFIED BUYERS WITH VERIFIED PROOF OF FUNDS TO CLOSE. EARNEST MONEY DEPOSIT $2000.00. ALL INTERESTED PARTIES MUST TEXT OR EMAIL FULL CONTACT INFORMATION, SUCH AS; FULL NAME, COMPANY NAME, ADDRESS, PHONE#, AND A VALID EMAIL ADDRESS TO: show contact info
ALL OFFERS CAN BE DOCUSIGNED OR FAXED TO: show contact info
WITH PROOF OF FUNDS TO CLOSE.
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