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.
34 days
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952
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31
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Zillow last checked:
Listing updated:
Listed by:
Kristen Fesnakteam@10xmyre.com,
10X Real Estate & Investments
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4400941
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 1
Bedroom s
Level: Main
Bedroom s
Level: Upper
Bedroom s
Level: Upper
Bedroom s
Level: Upper
Bathroom full
Level: Main
Bathroom full
Level: Upper
Dining room
Level: Main
Other
Level: Main
Kitchen
Level: Main
Living room
Level: Main
Heating
Heat Pump, Natural Gas
Cooling
Ceiling Fan(s), Central Air
Appliances
Included: None
Laundry: Laundry Room, Main Level
Features
Flooring: Carpet, Laminate, Tile
Windows: Insulated Windows
Has basement: No
Interior area
Total structure area: 2,524
Total interior livable area: 2,524 sqft
Finished area above ground: 2,524
Finished area below ground: 0
Property
Parking
Total spaces: 7
Parking features: Attached Carport, Detached Garage, Garage on Main Level
Garage spaces: 2
Carport spaces: 1
Covered spaces: 3
Uncovered spaces: 4
Features
Levels: Two
Stories: 2
Lot
Size: 0.69 Acres
Features: Cleared, Level, Wooded
Details
Parcel number: 160044
Zoning: RV
Special conditions: Standard
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Aluminum, Vinyl
Foundation: Crawl Space
Condition
New construction: No
Year built: 1927
Utilities & green energy
Sewer: Public Sewer
Water: City
Community & HOA
Community
Subdivision: none
Location
Region: Kannapolis
Financial & listing details
Price per square foot: $178/sqft
Tax assessed value: $215,715
Annual tax amount: $2,458
Date on market: 7/10/2026
Cumulative days on market: 34 days
Road surface type: Gravel, Concrete
Estimated market value
Zestimate®
$434,600
Estimated sales range
$413,000 - $456,000
Rent Zestimate®
$2,115/mo
Price history
Date
Event
Price
7/11/2026
Listed for sale
$450,000+46.1%$178/sqft
Source: Canopy MLS as distributed by MLS GRID #4400941Report a problem
10/17/2025
Sold
$308,000-4%$122/sqft
Source: Canopy MLS as distributed by MLS GRID #4288336Report a problem
8/4/2025
Listed for sale
$321,000$127/sqft
Source: Canopy MLS as distributed by MLS GRID #4288336Report a problem