42
  • Property Type
  • Single Family Residence, Residential
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1930
  • Year Built

2909 Glendale Avenue, Kannapolis, NC 28081

  • $225,000

Description

Fantastic investment opportunity priced well below market value! This fully leased, recently renovated ranch in Kannapolis is a true turnkey rental, ideal for investors seeking immediate cash flow.

The home features recent updates including new appliances and offers a functional, single-level layout that appeals to long-term tenants. Currently occupied by a great tenant, this property provides stable, reliable income from day one.

Strong financials make this an attractive addition to any portfolio:
Monthly rent: $1,650
Annual income: $19,800
Estimated annual expenses: $3,000 (taxes + insurance)
Net Operating Income: $16,800 annually

Conveniently located near shopping, dining, and everyday essentials, the property combines investor-friendly numbers with a location tenants love.

A solid, low-maintenance opportunity with immediate returns in a growing area—don’t miss it! Agents, please read agent remarks for showing process.

  • Address: 2909 Glendale Avenue
  • City: Kannapolis
  • State/county: NC
  • Zip/Postal Code: 28081
  • Area: NONE

Details

Updated on April 19, 2026 at 8:16 pm
  • Property ID 4365245
  • Price $225,000
  • Bedrooms 3
  • Bathrooms 2
  • Garages 2
  • Garage Size x x
  • Year Built 1930
  • Property Type Single Family Residence, Residential
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional,FHA,VA Loan
  • Sewer County Sewer
  • Cooling Central Air
  • Heating Central
  • County Rowan
  • Property Type Residential
  • Parking Driveway,Detached Garage
  • Elementary School Unspecified
  • Middle School Unspecified
  • High School Unspecified

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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