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2407 N Main Street Kannapolis, NC 28081

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Bed: 4
Bath: 2
1/2 Bath: 0
Sq. Ft.: 2,524
Acreage: 0.69

$400,000

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Community: Kannapolis in Rowan County

4 bed
2 bath
0 1/2 bath
2,524 Sq. Ft.
0.69 acres

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.

Presented by:
Kristen Fesnak at 10X Real Estate & Investments
Listed by:
10X Real Estate & Investments

Attribution: [email protected]
Original Listing Price: 430,000
MLS #: ‍4400941
Listing Status: Active
Days on Market: 94
Buying Firm Commission: Test

Based on information submitted to the MLS GRID as of 2026-10-13 at 1:15PM. 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.

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Property Features

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Water: City
Year Built: 1927
Subdivision: none
Basement/Foundation: Crawl Space
Sewer: Public Sewer
Floors: Carpet,Laminate,Tile
Lot Description: Cleared,Level,Wooded
Roof: Architectural Shingle
Heating/Cooling: Heat Pump,Natural Gas
Cooling: Ceiling Fan(s),Central Air
Garage/Carport: Attached Carport,Detached Garage

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  • Middle School: Unspecified
  • Elementary School: Unspecified
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