Kannapolis · Kannapolis, NC
1911 Crestmont Avenue
Kannapolis, NC · 1,064 sqft
$180,000
Reduced from $190,000
- 2Beds
- 1Baths
- 1,064SqFt
- 1940Year
- 12Days on market
About this home
Investor opportunity in the rapidly growing Kannapolis market! Situated on an approximately 0.28-acre lot following the proposed subdivision of the current 0.44-acre parcel, this 2-bedroom, 1-bath home presents exceptional potential for investors, renovators, or buyers seeking their next value-add project. Conveniently located with easy access to downtown Kannapolis, shopping, dining, and major commuter routes.
Offered below current tax value, this property provides a rare opportunity to capitalize on future upside and redevelopment potential. An additional upper-level finished flex space has previously been utilized as a sleeping area and offers added versatility for a home office, bonus room, or additional storage; however, it is not included in the heated living area due to ceiling height limitations.
Please note: the shed, garage, and fencing located on the left side of the property will be removed prior to closing. Whether you are seeking a rental investment, renovation project, or long-term hold, this property offers outstanding possibilities in an area experiencing continued growth and revitalization. Property is being sold as-is.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 1,064
- Lot
- —
- Year built
- 1940
- Type
- Single Family
- Days on market
- 12
- Heating
- Central, Natural Gas
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,324/ month
- Principal & interest
- $1,114
- Property tax (~1.05%)
- $157
- Homeowners insurance
- $52
- HOA dues
- —
Down payment
$9,000 down · $171,000 financed
Income to qualify (28% rule)
~$56,776 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.