Listing ID: 3839111
Sold For: $410,000
Status: Closed
Address: 105 Elm Street W
City: Wingate
State: North Carolina
Postal Code: 28174
Bedrooms: 6
Total Baths: 4
Full Baths: 4
SqFt: 2,646
Acres: 1.290
County: Union
Wingate
NC
28174
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.

Primary

County: Union
Property Sub Type: Single Family Residence
Property Type: Residential
Subdivision: None
Year Built: 1958

Interior

Appliances: Cable Prewire, Dishwasher, Disposal, Electric Oven
Bedrooms: 6
Building Area Total: 2646
Fireplace Features: Family Room
Full Baths: 4
Heating: Central
Laundry Features: Main Level
Second Living Quarters: Exterior Not Connected
SqFt Main Floor: 2646
Water Heater: Electric

External

Architectural Style: Ranch
Construction Materials: Brick
Construction Type: Site Built
Foundation Details: Crawl Space
Lot Size Units: Acres
Parking Features: Carport - 3 Car
Road Responsibility: Public Maintained Road
Road Surface Type: Concrete
Sewer: Public Sewer
Structure Type: One Story
Waterfront Features: None

Location

Elementary School: Wingate
High School: Forest Hills
Water Source: Public
Zoning Description: RES

Additional

Deed Reference: 1126-380

Financial

HOA Subject To: None
HOA Subject To Dues: No

Zoning Info


Area Info


Listed by: R. W. Price & Associates, LLC .

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