834 Van Every StreetCharlotte, NC 28205
$1,725,000
MLS #4431674
Listed by Coldwell Banker Realty
9Beds
10.5Baths
5,055SqFt
220 Basin Avenue · Kannapolis, NC 28083
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Active
$1,250,000
Est. $8,613/mo — Get pre-qualified
10beds
8baths
6,750sq ft
1.5acres
220 Basin Avenue · Kannapolis, NC 28083
Pick up a great portfolio consisting of 8 units, 5 homes (3 duplex, 2 SFR) in the rapidly appreciating market of downtown Kannapolis, all 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 over 60% of the rents are guaranteed! 3 of the units have new kitchens with granite counters, 4/5 of the homes have new roofs in 2024. These units are in high demand and are re-rented in under 30 days with long term tenants who are backed & guaranteed by a community health program providing very stable rental income. Come see all the new development taking place in/around Kannapolis and prepare to be impressed!
Features & Amenities
Living Area6,750 Sq.Ft.
Bedrooms10
Baths8
HeatingBaseboard, Central, Other - See Remarks
CoolingCeiling Fan(s), Central Air, Electric, Varies by Unit
FireplaceNo
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater
LaundryIn Kitchen
Year Built1940
ConstructionHardboard Siding, Vinyl, Wood
FoundationCrawl Space
ParkingDriveway
StatusActive
Lot Size1.5 Acres
CountyCABARRUS
Property TypeResidential Income
Property SubTypeDuplex
Last UpdatedOct 9, 2026
SewerPublic Sewer
Water SourceCity
HOANo
ElementaryUnspecified Elementary School
MiddleUnspecified Middle School
HighUnspecified High School
Presented By: Realty One Group Revolution; afortunerealtor@gmail.com
Location
Property boundary from county GIS
Map layers
Neighborhood Snapshot
U.S. Census Bureau, ACS 5-year estimatesNeighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.
Pricing History
| Date | Event | Price | Change |
|---|---|---|---|
| Oct 9, 2026 | Price Reduced | $1,295,000 → $1,250,000 | ▾ $45,000 (3.5%) |
| Apr 15, 2026 | Price Change | $1,399,900 | — |
| May 17, 2026 | Price Change | $1,375,000 | 2 |
| Jun 30, 2026 | Price Change | $1,299,000 | 6 |
Monthly Cost Estimate
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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.
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