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(704) 288-6876
Real Estate Company
1310 Main E Street, Locust, NC 28097
- $890,000
- 5
- BA
Listing courtesy of Central Piedmont Properties. rpm002@msn.com
Sold listing courtesy of Costello Real Estate and Investments LLC
- Sold Price
- $890,000
- List Price
- $935,000
- MLS#
- 4360803
- Status
- CLOSED
- Days on Market
- 101
- Property Type
- Commercial Sale
- Year Built
- 1910
- Closing Date
- Jun 29, 2026
- Bathrooms
- 5
- Lot Size
- 169,448
- Lot Size Area
- 3.89
- County
- Stanly
- Special Conditions
- None
Property Description
Extraordinary investment opportunity on just under 4 acres (2 Lots!) 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.
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Additional Information
- Floor Coverings
- Carpet, Wood
- Equipment
- Electric Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Foundation
- Crawl Space, Slab
- Heating
- Central, Electric, Heat Pump
- Water
- County Water
- Sewer
- Septic Installed
- Exterior Construction
- Vinyl
- Roof
- Architectural Shingle
- Parking
- Driveway
- Driveway
- Paved
- Lot Description
- Pond(s)
- Zoning
- HC
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