702 E Main Street
Cherryville, NC 28021
Sold for $145,000 on Oct 7, 2024

Currently taking Backup Offers! 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 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, w/ plenty of room for potential second build. Rent out garage space to future tenants for vehicles or storage. Add coin laundry for addtl cash flow. Check to see if parking lot can be subdivided so you can sell - the opportunities are endless! 3 cars are negotiable - sell to help w/ renovation budget! Cross-listed in Commercial(MLS 4104640) & Residential(MLS 4106617)

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Basic Information
MLS#: 4106662
Square Footage: 2,944
Bedrooms: 3
Acreage: 0.68
Year Built: 1942
Waterfront: No
Listing Details
Closing Date: Oct 7, 2024
List Price: $224,999
Sales Price: $145,000
Days on Market: 216
Listed by: Tara Empson, Premier South
Sold by: Michelle Sardo, Premier South

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