Kannapolis · Kannapolis, NC
5921 Princeton Avenue
Kannapolis, NC · 968 sqft
$225,000
- 3Beds
- 1Baths
- 968SqFt
- 1964Year
- 11Days on market
About this home
Charming and full of potential, this 3-bedroom, 1-bath brick home in Kannapolis offers a great opportunity for investors or future homeowners alike! Featuring beautiful hardwood floors, spacious living areas, and a backyard with a detached storage building; this home blends classic character with functional touches. Enjoy a covered carport and a convenient location close to shopping, dining, and downtown Kannapolis amenities. Roof was replaced in 2017 per the seller. Water heater replaced in 2020. Laundry location is in the carport closet. Tenant-occupied property with a lease in place through August 31, 2026, providing immediate rental income potential. Property photos are from before the current tenants move-in date (08/2025)
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 968
- Lot
- —
- Year built
- 1964
- Type
- Single Family
- Days on market
- 11
- Heating
- Baseboard
- Cooling
- Ceiling Fan(s), Window Unit(s)
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,656/ month
- Principal & interest
- $1,393
- Property tax (~1.05%)
- $196
- Homeowners insurance
- $65
- HOA dues
- —
Down payment
$11,250 down · $213,750 financed
Income to qualify (28% rule)
~$70,971 / 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.