$625,000
NEW CONSTRUCTION $20K PRICE DROP

125 Lowrance Ave Kannapolis, NC 28081

Estimated payment $3,539/month

Total Views 2,583
6 Beds
6 Baths
3,087 Sq Ft
$202 Price per Sq Ft

Highlights

  • Under Construction
  • Living Room
  • Central Heating and Cooling System
  • 2 Car Attached Garage
  • Laundry Room
  • Dining Area

About This Home

New construction duplex—ready to rent and a fantastic investment opportunity! Each unit features 3 spacious bedrooms, a garage, and modern finishes throughout. Conveniently located near downtown Kannapolis and Kannapolis Parkway, this property offers easy access to shopping, dining, and entertainment. With a projected rent of $1,900 per unit, this is a prime income-generating opportunity. Well built with hard board siding, double pane windows, architectural shingles for low maintenance for the landlord. Plus, it's situated in an Opportunity Zone, adding even more investment potential. Don’t miss out on this turn-key rental—schedule your showing today!

Listing Agent

Joseph Hartsell

Keller Williams South Park Brokerage Email: joehartsell@kw.com License #278282

Keller Williams South Park

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $598

Year Built

  • Built in 2025 | Under Construction

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Home is estimated to be completed on 2/28/25
  • Slab Foundation
  • Hardboard

Interior Spaces

  • 3,087 Sq Ft Home
  • Property has 2 Levels
  • Living Room
  • Dining Area
  • Electric Range
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms

Schools

  • Shady Brook Elementary School
  • Kannapolis Middle School
  • A.L. Brown High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Built by C3 BUILDERS

Listing and Financial Details

  • Assessor Parcel Number 5613-52-9471-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$598

Year Built

Built in 2025 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 2025
  • Proposed Completion Date: 2025-02-28
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: High
  • Attribution Contact: joehartsell@kw.com
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • Room Other: Primary Bedroom,Bedroom(s),Kitchen,Living Room,Dining Area
  • Appliances: Electric Range
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 3087
  • Basement YN: No
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 3087
  • Building Stories: 2

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage

Utilities

  • Heating: Central
  • Sewer: Public Sewer
  • Laundry Features: In Unit, Inside
  • Cooling: Central Air
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Kannapolis
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.404
  • Lot Size Units: Acres
  • Parcel Number: 5613-52-9471-0000
  • Zoning: GC
  • Development Status: Under Construction
  • ResoLotSizeUnits: Acres
  • Zoning Specification: GC

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: C3 BUILDERS

Rental Info

  • Tenant Pays: All Utilities
  • Pets Allowed: Call

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Shady Brook
  • High School: A.L. Brown

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $598 $52,630 $52,630 $0
2023 $548 $40,000 $40,000 $0
2022 $548 $40,000 $40,000 $0
2021 $548 $40,000 $40,000 $0
2020 $548 $40,000 $40,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Price Changed $625,000 -3.1% $202 / Sq Ft
02/18/2025 02/18/25 For Sale $645,000 -- $209 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Deed History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,000 Construction
Source: Public Records

Similar Home in Kannapolis, NC

  • 132 Glenn Ave, Kannapolis, NC 28081

    $650,000

    • 6 Beds
    • 6 Baths
    • 2,814 Sq Ft
    • 132 Glenn Ave
    • Kannapolis, NC

    Wow this beautiful DUPLEX just blocks from downtown Kannapolis with restaurants shopping and Cannon Ballers Minor League ball park. Live in one and rent out the other for an income property. Owner occupier unit, qualifies for $22,500 in credits and free grants available. Great 2 units of new construction 3 bedrooms 2.5 baths home with master down is a must see. Great open floor plan built in 2024

    George Fountas The NC Pinnacle Real Estate Group

    Section Image

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4224488

Canopy MLS (Canopy Realtor® Association)

APN: 5613-52-9462-0000