$750,000
6 Beds · 6 Baths · 4,800 Sqft
Active
Active1 Days on Market$156/sqftListed Sep 18, 2026MLS# CAR4426175
517 Denver Street, Kannapolis, NC 28083
$750,000 · 6 bd · 6 ba · 4800 sqft
About This Property
Great duplex rental portfolio in the rapidly appreciating market of downtown Kannapolis. All units on the same block. The nhood features several new construction homes and rising rents. This portfolio represents over an 8% CAP rate which is hard to find, especially when so much of the work has already been done and 50% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 2/3 of the duplexes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
Location
517 Denver Street, Kannapolis, NC 28083
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Property Details
Overview
Property TypeDuplex
Year Built1940
Lot Size1 Acres
Interior
Bedrooms6
Bathrooms (Full)6
Sqft4,800
HeatingBaseboard, Central, Electric
Cooling / A/CCeiling Fan(s), Central Air, Varies by Unit, Window Unit(s)
Exterior
ExteriorHardboard Siding
FoundationCrawl Space
Financial
List Price$750,000
Original Price$750,000
Location
Address517 Denver Street, Kannapolis, NC 28083
CityKannapolis
CountyCabarrus
StateNC
Zip28083
Listed by Realty One Group Revolution · logan@charlottesagent.com MLS# CAR4426175
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 09/19/2026, 01:34:02 AM. 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.
Information deemed reliable but not guaranteed. Buyer to verify all information.
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