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$260,000
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Property Description
If you're looking for an income producing asset in an up-and-coming section of town, this is it! Well maintained duplex w/1 bedroom/1 bath on each side. Fantastic opportunity to own an income producing property wiithin walking distance of AL Brown High School, the new Cannon Ballers baseball field, shopping, dining & the renovated Gem Theatre. New exterior paint 2024. 705 (right side) updates include new lvp flooring throughout, complete kitchen remodel, new ceiling fans, paint & appliances. Includes washer/dryer. Long-term tenant. 703 (left side) recently became vacant after 8 years & can easily earn $1100 per month rent. Live on one side and have income from the other! Newer stainless-steel appliances and interior window a/c in both units. Roof is approx 14 years old. Stand-up tiled showers & laundry area on both sides. Tenants love to sit on the covered front porch & enjoy the sunshine. Excellent rental history. Because of location it has always rented quickly. Owner is NC RE agent.
Full Property Details
Full Property Details for 703/705 Smith St
General
- Sold For: $260,000
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4275773
- Added to Site: 203 day(s) ago
Interior
- Appliances: Electric Range, Electric Water Heater, Refrigerator, Self Cleaning Oven, Washer/Dryer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: In Hall
Parking
- Parking Features: Driveway
Location
- County: Cabarrus
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Baseboard
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Cable Available
Structural Information
- Architectural Style: Ranch
- Construction: Site Built
- Exterior Const.: Wood
- Square Feet: 1,152
- Year Built: 1950
Lot Features
- Street/Road Desc.: Dirt, Paved
Financial Considerations
- Terms: Cash, Conventional, FHA
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 5623-06-0735-0000
- Lot Number: 7367-21
Listed by Southern Homes of the Carolinas, Inc
Sold by Sutton Properties LLC
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Price & Sales History for 703/705 Smith St
Date
Details
Price
Change
Source
7/25/2025
Sold
$260,000
-5.45%
MLS
6/27/2025
Listed
$275,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
703/705 Smith Street, Kannapolis, NC 28083 (MLS# 4275773) is a Single Family property that was sold at $260,000 on July 25, 2025. Want to learn more about 703/705 Smith Street? Do you have questions about finding other Single Family real estate for sale in Kannapolis? You can browse all Kannapolis real estate or contact a Coldwell Banker agent to request more information.

