For Sale $250,000
Rare investment opportunity with exceptional income potential in one of the Charlotte region's fastest-growing rental markets. Situated on a large lot with no HOA, this property offers multiple value-add opportunities, including the potential to create a high-income co-living or workforce housing investment. The main home requires only light finishing work, while the detached workshop presents an excellent opportunity for future ADU conversion. Additional features include a detached 2-car garage, carport, and flexible layout with potential for expanded bedroom count. Ideal for co-living, mid-term rentals, corporate housing, or buy-and-hold investors. Income projections and investment analysis are available upon request; buyers should perform their own due diligence. Additional photos, floor plans, and video walkthrough are also available.
| List Price: | $250,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1586 sqft |
| Parking: | Driveway, Detached Garage |
| MLS Number: | CAR4400928 |
| Subdivision: | Jackson Park |
| Bathrooms: | 2 |
| Lot Description: | Level |
| Year Built: | 1940 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 07-21-2026 | Listed | $250,000 | $158 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Royal Oaks Elementary | 3 miles | KG-05 | 1 |
| Bostian Elementary School | 4 miles | KG-05 | 6 |
| Landis Elementary School | 4 miles | PK-05 | 1 |
| Enochville Elementary School | 4 miles | KG-05 | 4 |
| China Grove Elementary School | 5 miles | PK-05 | 2 |
| Charles E Boger Elementary | 5 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1400 Central Drive, Kannapolis NC | 0 mi | $250,000 | days | |
| 1303 Lane Street, Kannapolis NC | 0.1 mi | $324,900 | days | |
| 1402 Brantley Road, Kannapolis NC | 0.2 mi | $299,000 | days | |
| 1106 Lane Street, Kannapolis NC | 0.2 mi | $375,000 | days | |
| 506 Nola Avenue, Kannapolis NC | 0.2 mi | $330,000 | days | |
| 604 Pearl Avenue, Kannapolis NC | 0.3 mi | $225,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
| Property Taxes |
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By 10X Real Estate & Investments
1400 Central Drive, Kannapolis NC is a 1586 ft2 on a 0.260 acres Level lot. This is for $250,000. This has 4 bedrooms, 2 baths, and was built in 1940.
Based on information submitted to the MLS GRID as of 2026-07-21 05:51:28 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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