$410,000
$500,000
18.0%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
2,646 SqFt
SOLD DATE : 05/27/2022
Key Details
Sold Price $410,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,646 sqft
Price per Sqft $154
MLS Listing ID 3839111
Sold Date 05/27/22
Style Ranch
Bedrooms 6
Full Baths 4
Abv Grd Liv Area 2,646
Year Built 1958
Lot Size 1.290 Acres
Acres 1.29
Property Description
This property is an excellent investment opportunity directly across the street from Wingate University, with over 200' of combined frontage along Main St and Elm Street. It consists of 1.2 acres of land and two three-bed, two-bath homes. One is 1062 sq ft, and the other is 1584 sq ft, and both have been rental properties for many years. Possibilities include continued rental, using one as a residence and leasing the other, or even tear-down/redevelopment for multi-family/graduate student housing. The town of Wingate is in the process of adopting a Unified Development Ordinance. According to the planning department, community feedback has been that area residents desire projects with a higher density, such as townhomes or condominiums.
Location
State NC
County Union
Zoning RES
Rooms
Main Level Bedrooms 6
Interior
Interior Features Cable Prewire
Heating Central
Fireplaces Type Family Room
Fireplace true
Appliance Dishwasher, Disposal, Electric Oven, Electric Water Heater
Exterior
Waterfront Description None
Building
Foundation Crawl Space
Sewer Public Sewer
Water City
Architectural Style Ranch
Level or Stories One
Structure Type Brick Full
New Construction false
Schools
Elementary Schools Wingate
Middle Schools East Union
High Schools Forest Hills
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2024 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Dennis Moser • The Moser Group Inc.
"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