Incredible investment opportunity in Shelby! This property offers massive income potential for savvy investors looking to expand their portfolio. Configured as a high-capacity residential setup, the property currently functions with 7 separate rentable spaces, including a converted garage unit. There is a 2nd living quarter in a separate building. Conveniently located near local amenities, shopping, and downtown Shelby. Being offered via auction while occupied-exterior/drive-by viewings only, no interior access permitted prior to sale. Sold as-is. Don't miss this high-upside cash-flow opportunity!
| MLS # | 4409851 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 15 |
| Listing Provided By | Showcase Realty LLC | Nancy Braun |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,898 |
| Story(s) | 2 |
| Acreage | 0.38 |
| Cooling | Other - See Remarks |
|---|---|
| Heating | Other - See Remarks |
| Appliances | None |
| Construction Materials | Brick Partial, Wood |
|---|---|
| Foundation Details | Slab |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Assigned |
| List Aor | Canopy Realtor Association |
|---|
| Property | 333692 |
|---|
| State | NC |
|---|---|
| County | Cleveland |
| City | Shelby |
| Zip Code | 28150 |
| Area | Cleveland |
| School District | Shelby |
| Elementary School | Jefferson |
| High School | Shelby |
| Listing VS Median (in 28150) | |
Price: $575,000 low | high Med: $299,000 sqft: 3,898 low | high Med: 2,103 $ / sqft: $148 low | high Med: $153 On site: 15 low | high Med: 142 | |
| State | NC |
|---|---|
| County | Cleveland |
| City | Shelby |
| Zip Code | 28150 |
| Area | Cleveland |
| School District | Shelby |
| Elementary School | Jefferson |
| High School | Shelby |
| Listing VS Median (in 28150) | |
Price: $575,000 low | high Med: $299,000 sqft: 3,898 low | high Med: 2,103 $ / sqft: $148 low | high Med: $153 On site: 15 low | high Med: 142 | |