Price Reduction - Seller Financing
Address
702 E Main Street, Cherryville, NC
Price
$ 324,000
Property Attributes
  • ID#4106662
  • TypeMulti-Family
  • CountyGASTON
  • CityCherryville
  • AreaGaston County
  • Zip28021
  • Style
  • Price$ 324,000
  • Bedrooms3
  • Full Bathrooms0
  • Half Bathrooms2
  • Sqr Footage2944
  • Lot Size0.68 Acres
Data Source:
Canopy MLS
Property Description

Motivated Seller! CALLING ALL INVESTORS with vision who want monthly cash flow! Former funeral home walking distance to up & coming downtown Cherryville! This property has a conditional use for multi-family for up to 6 units due to acreage (see attached zoning regulations and call Cherryville Planning Department with questions). Listed as a 3 bedroom due to 6'9" ceiling height upstairs, where you will find 3 additional rooms and an additional 1358 sq ft. 5 exterior entrances. Since it was previously used as commercial space, there are no full bathrooms - only (2) half baths with a separate shower stall. Double lot with ginormous parking lot and 3 bay detached garage with plenty of room for potential second build. Rent out garage space to future tenants for vehicles or regular storage. Add coin laundry for additional cash flow - the opportunities are endless! You have to see this one to understand its full potential! Cross-listed in Commercial (MLS 4104640) and Residential (MLS 4106617)

Elementary School Middle School High School
Cherryville Elementary School John Chavis Middle School Cherryville High School
Price History
2/5/2024 Listed $342,000
4/19/2024 6% - $324,000

General Features

Sewer Public Sewer
Heating Other - See Remarks
Cooling Other - See Remarks
Appliances None
Exterior Features Storage
Construction Materials Brick Partial,Vinyl
Pets Allowed Call
Year Built 1942
Tenant Pays Other
Property SubType Apartment
Accessibility Two or More Access Exits,Ramp(s)-Main Level
County Gaston
New Construction No
Property Type Residential Income
Subdivision Name none
High School Cherryville
City Cherryville
Total Units 6
Street Name Main
Elementary School Cherryville
Middle/Junior High School John Chavis
Standard Status Active
CAR_HOASubjectTo None
Construction Type Site Built
Restrictions Other - See Remarks
Tax Assessed Value 208960

Interior Features

Flooring Carpet
Fireplace Y/N No
Above Grade Finished Area 2944
Half Baths 2
Street Suffix Street
Laundry Features None
Total Bedrooms 3
SqFt Garage 948

Exterior Features

Parking Features Attached Carport,Detached Garage,Parking Lot
Lot Features Cleared,Level,Paved
Water Source City
Lot Size Area 0.68
Foundation Details Basement
Building Area Total 2944
Road Surface Type Asphalt,Paved
Other Parking (2) parking spaces in front of property,4 bay detached garage,and HUGE parking lot in the rear. Garage measurement available upon request.
Lot Size Units Acres
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 28021

Price
AVG $320K
$320K
Visits
AVG 800
799
Data Provided by Inside Real Estate®
Year Built
AVG 1942
1942

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