🌟Renovator’s Dream: Unlock Potential in Kannapolis's Hidden Gem!🌟

Description

Introducing a rare opportunity at Rowan County, a property brimming with potential, nestled in a desirable neighborhood awaiting your creative touch. This diamond in the rough offers the perfect canvas for renovators or investors looking to transform a property into a dream home or a profitable venture. With ample space and a solid foundation, the possibilities are endless to reimagine this space into something truly special!!

🔑 Property Highlights:
🛠 Renovation Ready: 3 bedrooms, 2 bathrooms, poised for a complete makeover.
🌳 Spacious Lot: Over 10,000 sqft, providing ample room for expansions, gardens, or outdoor living areas.
📍 Prime Location: Situated in a sought-after neighborhood, close to schools, shopping, and dining.
📈 Investment Opportunity: High ARV potential in a market ripe for flipped homes or rental properties.
🏫 Nearby Schools & Amenities:
Elementary School: Forest Park Elementary (Highly rated for its educational programs)
Middle School: Kannapolis Middle (Known for its supportive community and extracurricular activities)
High School: A.L. Brown High School (Praised for academic excellence and sports programs)
Amenities: Close to the North Carolina Research Campus, Village Park, and Kannapolis Cannon Ballers Stadium.
💼 Financial Overview:
Buy Now Price: $135,000
After Repair Value (ARV): $205,000+
Projected Net Profit: Significant, with room for budget adjustments based on finish levels.
Rent Zestimate: $1000/month.
🏡 Property Specs & Condition:
Year Built: 2001
Square Footage: 1,350 sqft
Lot Size: 10,018 sqft
Condition: Requires extensive updates to plumbing, electrical, HVAC, and cosmetic finishes.
📈 Comparable Sales:
2612 Wyoming Dr: 3 Bed 2 Bath // 1,292 sqft // Built 1995 // Sold on 3/7/2024 for $198,500
1085 Chandler Dr: 3 Bed 2 Bath // 1,848 sqft // Built 2004 // Sold on 2/29/2024 for $198,500
166 Dusty Farm Rd: 3 Bed 2 Bath // 1,430 sqft // Built 1983 // Sold on 3/21/2024 for $214,900
Embrace the chance to turn this fixer-upper into your masterpiece.