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$350,000

Beds
2
Baths
2.0
sq ft
2,217

1806 Lane Street, Kannapolis, NC 28083

1806 Lane Street

Kannapolis, NC 28083

  • 75 days on market
Embrace a lifestyle where home and work seamlessly blend with this distinctive property just minutes from downtown Kannapolis. Priced at $350,000, 1806 Lane Street offers a rare work-live zoning (OI) that caters to modern professionals, artists, or entrepreneurs seeking to integrate their living and working spaces. Spanning 0.42 acres with approximately 2,217 sq ft, this property provides ample room to customize, whether for a home office, studio, or small business, all while enjoying the convenience of urban living. Its strategic location near community amenities and ongoing city growth makes it an attractive residential investment with potential for appreciation. Additionally, the property currently benefits from a lease through March 2026, bringing in $2,500 monthly, offering immediate income while you plan your transition or future development. Seize this opportunity to own a piece of Kannapolis's vibrant future where your home supports your lifestyle and career aspirations.

Details

Property type

Single Family Residence

Est. home value

$369,010

Lot size

Unknown

Price per sq ft

$158

Year built

1950

Price History

10/08/2024
CanopyMLS

CanopyMLS #4189967

Listed
$350,000
+34.62%
12/30/2020
CanopyMLS

CanopyMLS #3584008

Sold
$260,000
+46.07%
04/08/2019
CanopyMLS

CanopyMLS #3442571

Sold
$178,000

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Citizens Bank & Trust Co

Loan start date

February 2022

Original loan amount

$205,000

Est. remaining balance

Not provided

Interest rate

3.05%

Loan type

Commercial

Seller

Moreau & Flore Holdings Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/23/2024 at 1:40 AM

Listing updated: 10/09/2024 at 5:07 AM

Listed by: Lindsey Maddox, Keller Williams Select Phone #: (704) 684-1000

MLS: CanopyMLS #4189967

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