$450,000

2407 N Main Street, Kannapolis, NC 28081

  • 4 beds |
  • 2 baths |
  • 2,524 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon0.69acre lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $178/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
July 31, 2026 at 6:16AM
Listing Office:
10X Real Estate & Investments : 704-519-6183
MLS ID:
4400941
  • Appliances: None
  • Laundry: Laundry RoomMain Level
  • Flooring: CarpetLaminateTile
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Heat PumpNatural Gas
  • Parking: Attached CarportDetached Garage
  • Roofing: Architectural Shingle
  • Windows: Insulated Window(s)
  • General: Site BuiltCrawl Space
  • Road/Access: GravelConcrete
  • Originating MLS: carolina
  • County: Rowan
  • Zoning: RV160044
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of 10X Real Estate & Investments

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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