For Sale $275,000
If you're looking for an income producing asset in an up-and-coming section of town, this is it! Well maintained duplex w/1 bedroom/1 bath on each side. Fantastic opportunity to own an income producing property wiithin walking distance of AL Brown High School, the new Cannon Ballers baseball field, shopping, dining & the renovated Gem Theatre. New exterior paint 2024. 705 (right side) updates include new lvp flooring throughout, complete kitchen remodel, new ceiling fans, paint & appliances. Includes washer/dryer. Long-term tenant. 703 (left side) recently became vacant after 8 years & can easily earn $1100 per month rent. Live on one side and have income from the other! Newer stainless-steel appliances and interior window a/c in both units. Roof is approx 14 years old. Stand-up tiled showers & laundry area on both sides. Tenants love to sit on the covered front porch & enjoy the sunshine. Excellent rental history. Because of location it has always rented quickly. Owner is NC RE agent.
| List Price: | $275,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Duplex |
| Parking: | Driveway |
| MLS Number: | CAR4275773 |
| Style: | Ranch |
| Year Built: | 1950 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Royal Oaks Elementary | 2 miles | KG-05 | 1 |
| Charles E Boger Elementary | 4 miles | KG-05 | 8 |
| Beverly Hills Elementary | 4 miles | KG-05 | 6 |
| Enochville Elementary School | 4 miles | KG-05 | 4 |
| Landis Elementary School | 5 miles | PK-05 | 1 |
| Bostian Elementary School | 5 miles | KG-05 | 6 |
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 |
| 703/705 Smith Street, Kannapolis NC | 0 mi | $275,000 | days | |
| 668 Smith Street, Kannapolis NC | 0 mi | $259,900 | days | |
| 652 Wilson Street, Kannapolis NC | 0.1 mi | $259,000 | days | |
| 258 Lincoln Street, Concord NC | 0.2 mi | $320,000 | days | |
| 704 Harding Avenue, Kannapolis NC | 0.2 mi | $279,000 | days | |
| 701 Harding Avenue, Kannapolis NC | 0.2 mi | $299,500 | 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)
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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 Southern Homes of the Carolinas, Inc
703/705 Smith Street, Kannapolis NC is a ft2 on a 0.146 acres Appraisal lot. This is for $275,000. This has 2 bedrooms, baths, and was built in 1950.
Based on information submitted to the MLS GRID as of 2025-07-18 11:56:21 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
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