Description
Exceptional Investment Opportunity Near Wingate University! Located just steps from the campus, this well-maintained property offers an outstanding opportunity for investors seeking immediate and future income potential. Currently configured and operated as student housing, the home features over 2, 500 square feet with seven private bedrooms, including one bedroom with a private en-suite bath, a spacious shared kitchen, central community laundry room, welcoming foyer, and two additional shared full bathrooms. Situated on approximately 0.95 acres, the property also offers a large private parking lot for residents and a detached garage used exclusively for owner storage. Since purchasing the property in 2019, the current owners have completed numerous major capital improvements, including a new roof, plumbing upgrades, all new windows, new HVAC equipment, and a fully functional, code-compliant fire sprinkler system. Only one bedroom is currently occupied, as ownership has elected to stop leasing additional rooms in preparation for the sale. This provides the new owner with the opportunity to establish their own leasing strategy, tenant selection, and rental rates while filling the remaining vacancies at their own pace. With its established history as student housing, ample on-site parking, significant recent improvements, and prime location just minutes from Wingate University, this is a rare opportunity to acquire a unique investment property with substantial upside potential.
Address
Open on Google Maps-
Address: 108 S Main Street, Wingate, North Carolina 28174
-
City: Wingate
-
State/county: NC
-
Zip/Postal Code: 28174
-
Area: NONE
Details
Updated on August 4, 2026 at 8:19 pm-
Property ID 4407726
-
Price $469,000
-
Bedrooms 7
-
Bathrooms 3
-
Year Built 1914
-
Property Type Single Family Residence, Residential
-
Property Status Active, For Sale
Additional details
-
Utilities Cable Connected, Electricity Connected, Natural Gas
-
Sewer Public Sewer
-
Cooling Central Air, Heat Pump
-
Heating Heat Pump, Natural Gas
-
County Union
-
Property Type Residential
-
Parking Parking Lot, Parking Space(s)
-
Elementary School Unspecified
-
Middle School Unspecified
-
High School Unspecified
Features
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
Contact Information
View ListingsSimilar Listings
206 Cedar Street, Belmont, North Carolina 28012
206 Cedar Street, Belmont, North Carolina 28012, Belmont, NC- Beds: 2
- Baths: 2
- Single Family Residence, Residential
3014 Dodsworth Drive, Cramerton, North Carolina 28032
3014 Dodsworth Drive, Cramerton, North Carolina 28032, Cramerton, NC- Beds: 4
- Baths: 5
- Single Family Residence, Residential
1259 Dorchester Road, Gastonia, North Carolina 28056
1259 Dorchester Road, Gastonia, North Carolina 28056, Gastonia, NC- Beds: 5
- Baths: 4
- Single Family Residence, Residential
2643 Swamp Chestnut Oak Drive, Gastonia, North Carolina 28056
2643 Swamp Chestnut Oak Drive, Gastonia, North Carolina 28056, Gastonia, NC- Beds: 5
- Baths: 4
- Single Family Residence, Residential
- The Simpson Group Realty