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$790,000   Price Analysis
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12 Jordan Ln
Kannapolis, NC 28081
14 bed 8 bath unknown SqFt ($0/SqFt)
6,970SqFt lot. Built 1930
Listed 2024-04-16, Taxes $845		Ⓧ USDA Ineligible
due to price & location
near Kannapolis

Calling All Investors!!!

* Sale Pending *

INSTANT income-producing properties close to the revitalized uptown Kannapolis area. It consists of one apartment building (12 Jordan Ln) with three units. One unit has two bedrooms and one bath and the other two are one bedroom and one bath. There are three single-family homes (513 Broad St, 515 Broad St and 4 Jordan Ln) each having 2 bedrooms and one bath.

There are two trailers (2 Jordan Ln and 6 Jordan Ln) each having two bedrooms and one bath. There are a total of eight rental units currently being rented. The seller would prefer selling all the properties together but will consider selling 515 Broad St, 513 Broad St and the trailer behind it in one transaction and then 4 Jordan Ln, 12 Jordan Ln and the trailer behind it in anther tran saction. Trailers are considered personal property.


Presented by Melissa Hilton at
Real Broker, LLC.
Listing Agent Photo

Property MLS #4129577 from CanopyMLS

Bedrooms: 14

Gas Cooktop
Gas Oven
Laundry Features: Electric Dryer Hookup

Primary Bedroom, Bedroom(s), Bathroom(s), Kitchen, Living Room

Cooling Features: Central Air
Heating Features: Natural Gas

Full Bathrooms: 8

Driveway: Gravel
Parking Features: Parking Space(s)

Lot Size Acres: 0.16
Lot Size Square Feet: 6970

Road Responsibility: Publicly Maintained Road, Privately Maintained Road
Road Surface Type: Concrete

Number of Units: 8

Source Listing Status: Pending
County: Cabarrus
Source Property Type: Residential Multi Unit
Source Neighborhood: Petrea Heights
Parcel Number: 5613-37-6187-0000
Subdivision: Petrea Heights
Zoning: R8
Zoning Description: RV
Property Subtype: Portfolio
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$41,740 + $20,000
$61,740		$845
2021$41,740 + $20,000
$61,740		$845
2020$41,740 + $20,000
$61,740		$845
2019$43,330 + $8,250
$51,580		$706
2018$43,330 + $8,250
$51,580		$696
2017$43,330 + $8,250
$51,580		$686
2016$43,330 + $8,250
$51,580		$686
2015$72,390 + $11,250
$83,640		$1,112
2014$72,390 + $11,250
$83,640		$1,087
2013$72,390 + $11,250
$83,640		$1,053
2012$72,390 + $11,250
$83,640		$1,053
2010$73,400 + $20,000
$93,400		$1,046
2009$73,400 + $20,000
$93,400		$1,046
2009$73,400 + $20,000
$93,400		$1,046
2008$73,400 + $20,000
$93,400		$1,046
2007$73,010 + $10,000
$83,010		$935

Price Changed 2024-05-09
$790,000
CanopyMLS
Listed 2024-04-16
$810,000
CanopyMLS

Year Built: 1930
Construction Materials: Aluminum
Foundation Details: Basement, Crawl Space
Property Age: 94
Structure Type: Site Built

Sewer: City Sewer
Water Source: City Water

Fred L Wilson Elementary is a public elementary school located approximately 0.9 miles away.
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A. L. Brown High School is a public high school located approximately 1.1 miles away.
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Faith Christian Academy is a private elementary, middle and high school located approximately 1.5 miles away.
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Kannapolis Middle is a public middle school located approximately 1.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.