702 E Main Street
$224,999 Active

HUGE Price Drop! CALLING ALL INVESTORS w/ vision who want monthly cash flow! Former funeral home walking distance to thriving downtown Cherryville & city has a shortage of rentals according to Downtown Director! This property has a conditional use for multi-family for up to 6 units due to acreage. 5 Exterior Entrances. 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. Since it was previously used as commercial space, there are no full bathrooms-(2) half baths w/ a separate shower stall. Double lot w/ ginormous parking lot, 4 bay garage, and plenty of room for potential second build. Rent out garage space to future tenants for vehicles or storage. Add coin laundry for additional cash flow. Check to see if parking lot can be subdivided so you can sell - the opportunities are endless! 3 cars also negotiable - sell to help w/ renovation budget! Cross-listed in Commercial (MLS 4104640) & Residential (MLS 4106617)

Request More Info:

Basic Information
MLS#: 4106662
Price: $224,999
Square Footage: 2,944
Bedrooms: 3
Acreage: 0.68
Year Built: 1942
Number of Units: 6
Elementary School: Cherryville
Middle School: John Chavis
High School: Cherryville
Details
Waterfront/water view: No
Parking: Attached Carport,Detached Garage,Parking Lot
HVAC: Other - See Remarks
Exterior Features: Storage
Listing Courtesy Of: Premier South - taraerealtor@gmail.com

Terms of use/DMCA