703/705 Smith Street
703/705 Smith Street
Kannapolis, NC 28083
$275,000
- Bedrooms: 2
- Bathrooms:
- Lot Size: 0.1458 Acres
Description
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.
Property Summary
| Property Type: | Residential Income | Property Subtype : | Duplex |
| Year Built : | 1950 | Construction Type : | Site Built |
| Lot Size : | 0.1458 Acres | Living Area : | 1,152 sqft |
Appliances
- Electric Range
- Electric Water Heater
- Refrigerator
- Self Cleaning Oven
- Washer/Dryer
More Information
- Construction : Wood
- Parking : Driveway
- Heating : Baseboard
- Cooling : Window Unit(s)
- Water Source : City
- Road : Publicly Maintained Road
- Listing Terms : Cash, Conventional, FHA
Based on information submitted to the MLS GRID as of 06-28-2025 03:30:04 UTC 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.