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1310 Main Street E, Locust, NC 28097

$995,000
  • 1310 Main Street E, Locust, NC 28097 Main Photo

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New to the Market Active
BEDS7 BATHS4 full 1 partial SQUARE FEET4,948 MLS#4360987
STATUSActive PROPERTY TYPEResidential - Single Family

Property Description

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.

1310 Main Street E | MLS# 4360987

This single family home located at 1310 Main Street E, Locust, NC 28097 is currently listed for sale with an asking price of $995,000. This property was built in 1910 and has 7 bedrooms and 4 full and 1 partial baths with 4948 sq. ft. Search Locust real estate on shannonp.lakenormanrealty.com today.

Property Features

Property Type: Residential - Single Family
Fenced: Yes
Garage: 1
Heating: Central, Electric, Heat Pump
Home Style: Traditional
Lot Size: 3.89 Acres
Roof Type: Architectural Shingle
Year Built: 1910

Feature Descriptions

Appliances: Electric Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Days on Site: 1
Exterior: Vinyl
Fireplace: Living Room, Wood Burning
Flooring: Carpet, Wood
Foundation: Crawl Space, Slab
Laundry: Laundry Closet, Main Level, Washer Hookup
Lot: Pond(s)
Lot Dimensions: Irr
Other Parking: plenty of parking in field off pavement
Other Structures: Gazebo
Parcel#: 5585-03-02-2513
Parking: Driveway
Patio/Porch: Covered, Front Porch, Wrap Around
Security: Smoke Detector(s)
Sewer: Septic Installed
Utilities: Cable Connected, Electricity Connected
Water: County Water
Window Features: Insulated Window(s)

Local Schools

High School: West Stanly
Middle School: West Stanly
Elementary School: Locust

Listed By / Shown By

Listed By

Agency Name: Central Piedmont Properties
Agency Contact: rpm002@msn.com

Shown By

Agent Name: Shannon Peters
Agent Phone: (704) 900-3346
Agency Title: Lake Norman Realty

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Estimated Payment

$ 5,586.02 per month $5,295.81 Principal & Interest $0.00 Property Tax (data not provided by mls) $290.21 Homeowner's Insurance

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