1310 Main Street
Locust, NC 28097
$955,000 Active

Extraordinary investment opportunity on just under 4 acres. Zoned commercial but Grandfathered in as residential. This property offers exceptional flexibility for Investors, Business Owners and Owner Occupants seeking a live / work or mixed use estate . Fully renovated offering a unique opportunity to own a luxury residence with substantial income producing potential. Situated on approximately 4 acres , this nearly 5000 sf property offers residential comfort , commercial zoning and proven rental revenue in one Exceptional offering . Currently configured to support work force / boarding accommodations the property generates $5000 PER MONTH in established rental income with the potential to produce an additional $2500 per month by leasing the owners living quarters bringing total possible income to $ 7500 + per month , 90k annually. The home been completely and professionally remodeled, while preserving its original 1910 hardwood floors, blending historic character with modern luxury. Recent upgrades include new roof, 3 HVAC systems, updated plumbing and electrical all new fixtures and a high end kitchen featuring premium Wolf appliances . Exterior features include a massive wrap around porch gated iron fencing with keypad entry , private driveway, scenic pond with separate power meter and well for supplementation. Expansive open grounds providing privacy and usability. This turnkey property is ideal for corporate housing, contractor lodging, executive rental , small hospitality use or private estate living with passive income.

Request More Info:

Basic Information
MLS#: 4360987
Price: $955,000
Square Footage: 4,948
Bedrooms: 7
Bathrooms: 4 Full, 1 Half
Acreage: 3.89
Year Built: 1910
Elementary School: Locust
Middle School: West Stanly
High School: West Stanly
Details
Waterfront/water view: No
Parking: Driveway
HVAC: Central,Electric,Heat Pump
Main level:   Bedroom(s)
Upper level:   Bedroom(s)
Listing Courtesy Of: Central Piedmont Properties - rpm002@msn.com

Terms of use/DMCA