Investor opportunity in the rapidly growing Kannapolis market! Situated on an approximately 0.28-acre lot following the proposed subdivision of the current 0.44-acre parcel, this 2-bedroom, 1-bath home presents exceptional potential for investors, renovators, or buyers seeking their next value-add project. Conveniently located with easy access to downtown Kannapolis, shopping, dining, and major commuter routes. Offered below current tax value, this property provides a rare opportunity to capitalize on future upside and redevelopment potential. An additional upper-level finished flex space has previously been utilized as a sleeping area and offers added versatility for a home office, bonus room, or additional storage; however, it is not included in the heated living area due to ceiling height limitations. Please note: the shed, garage, and fencing located on the left side of the property will be removed prior to closing. Whether you are seeking a rental investment, renovation project, or long-term hold, this property offers outstanding possibilities in an area experiencing continued growth and revitalization. Property is being sold as-is.