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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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227 /229 Pethel St , Kannapolis, NC 28081
$319,000
Est. Payment: $1,792.79/mo
4 Bed
1 Bath
1443 Sqft
0.32 Acres
Status: active | Days on site: 16
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Terri Bias
Operator/Brokerage Owner

House Description

TWO GARAGE Duplex Investment Opportunity in Kannapolis—the property is 2 miles from the growing downtown of Kannapolis -- located off of N Main Street. This duplex has TWO GARAGES on the bottom level. This investment property provides steady current income, with opportunity for additional income from o?ne vacant? garage?/storage space. Both units have two bedrooms and one bathroom. Long term tenants in both units.  Tenants pay for their own utilities. Washers and dryers belong to the tenants. Refrigerator in 229 Pethel belongs to the tenant. Schools are per https://www.cabarruscounty.us/Government/Departments/GIS/KCS-Lookup PLEASE DO NOT DISTURB TENANTS

Highlights

Listed by Sunnie Henry , 704-778-5811 Redwood Realty Group LLC , 704-345-5112. Canopy MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.32

Year Built

1928

County

Rowan

Listing ID

4418623

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Appliances:Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
Air Cond:Central Air
Fireplaces:
Above Ground Sq Ft:1443
Basement:Basement Garage Door,Storage Space
Water:City

Exterior Features

Sewer:Public Sewer
Parking Features:Attached Garage,Garage Faces Rear,Garage Faces Side,Parking Space(s)
Principal Interest
$1,793
Taxes
$203

Home Price

$319,000

Loan Details

30 yrs
7.548%

Down Payment

20%
$63,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,792.79

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,792.79 $203.36 $0.00 $1,996.15
Yearly $21,513.49 $2,440.35 $0.00 $23,953.84
Total $645,404.71 $73,210.50 $0.00 $718,615.21

Today's Rates

30 Year

7.55%

20 Year

7.5%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Kannapolis, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-14T15:52:06.000Z

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