3 Beds
1 Bath
1,025 SqFt
3 Beds
1 Bath
1,025 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $731
MLS Listing ID 4296395
Bedrooms 3
Full Baths 1
Abv Grd Liv Area 1,025
Year Built 1924
Lot Size 5.900 Acres
Acres 5.9
Property Sub-Type Single Family Residence
Property Description
The property's Neighborhood Business (NB) zoning is a key advantage, providing a rare level of flexibility. The county allows the current residential use to continue, enabling investors to build their portfolio without rezoning hurdles. Over time, the property can be repositioned for commercial or mixed-use development, offering multiple paths for future appreciation and increased cash flow. This combination of immediate income and long-term upside makes the property uniquely positioned for both buy-and-hold investors and strategic developers.
Its location further amplifies its value. With quick highway access, the property is within easy reach of local employers, recreation, and major commuter routes—an attractive setup for both long-term tenants and future commercial tenants. Whether your strategy is to add additional rental units, hold the land as values rise, or transition to a larger-scale development project, this acreage gives you the flexibility to move at your own pace and on your own timeline.
Opportunities like this don't come around often: income on day one, infrastructure already in place, and zoning that works with your vision, not against it. Investors searching for a property that checks both the “cash flow” and “growth potential” boxes won't want to miss this. Schedule a private tour and imagine the possibilities this 5.9-acre investment can bring to your portfolio.
Location
State NC
County Iredell
Zoning NB
Rooms
Primary Bedroom Level Main
Main Level Bedrooms 3
Interior
Heating Other - See Remarks
Cooling Other - See Remarks
Fireplace false
Appliance Other
Laundry Other - See Remarks
Exterior
Roof Type Metal
Street Surface Dirt,Gravel,Paved
Garage false
Building
Lot Description Cleared, Corner Lot, Open Lot, Wooded
Dwelling Type Manufactured,Site Built
Foundation Permanent
Sewer Septic Installed
Water Well
Level or Stories One
Structure Type Other - See Remarks
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Senior Community false
Restrictions Other - See Remarks
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
1876 Shady Ln, Newton, Carolina, 28658, United States