Description
Approximately 6 bedrooms / 4 bathrooms 2, 524 sq. ft. main house 1, 000 sq. ft. permitted ADU with excellent conversion potential Main House The main house is very close to being operational as a co-living property. The remaining work is fairly minimal and primarily consists of: Adding one wall and doorway to create an additional bedroom Closing off the French doors to provide privacy for another bedroom Furnishing the home and completing a few final punch-list items Once completed, the main house would function as an 8-bedroom home, including two ensuite bedrooms, which could command premium rental rates. ADU Opportunity The property also includes a permitted ~1, 000 sq. ft. ADU, creating additional upside for an investor. Potential configurations include: Phase 1: 3 bedrooms / 2 bathrooms Phase 2: Potential expansion to 6 bedrooms / 2 bathrooms, depending on the final design. Once the ADU conversion is complete, the property has the potential to generate approximately $11, 300 per month in gross rental income across all 14 bedrooms. This property has strong appeal for investors looking for a co-living opportunity, especially since much of the main house is already complete while still offering significant upside through the ADU conversion.
Address
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Address: 2407 N Main Street
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City: Kannapolis
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State/county: NC
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Zip/Postal Code: 28081
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Area: NONE
Details
Updated on July 12, 2026 at 2:07 pm-
Property ID 4400941
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Price $450,000
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Bedrooms 4
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Bathrooms 2
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Garages 2
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Year Built 1927
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Roof Architectural Shingle
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Sewer Public Sewer
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Cooling Ceiling Fan(s), Central Air
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Heating Heat Pump, Natural Gas
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Flooring Carpet, Laminate, Tile
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County Rowan
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Property Type Residential
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Parking Attached Carport, Detached Garage
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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