Listed price in listed location currency (USD).
$469,000

730

MLS® 4407726

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 2792 sqft
Garage 
Taxes 
Days Active 3
Lot Size 0.95 Acres
Approx. Age 1914
Avg. Price Per Sqft $167
MLS® Number 4407726

Property Address: 108 S Main St, Wingate, NC, 28174-9752

Average square foot calculated using Size range provided by listing agent.

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 commercial fire sprinkler system. The property is currently approved for commercial use (buyers should verify current zoning and permitted uses with the Town of Wingate, as zoning confirmation is pending). 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.
MLS® Number4407726
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1914
Basement
DrivewayParking Lot, Parking Space(s)
Garage Spaces
HeatHeat Pump, Natural Gas
A/CCentral Air, Heat Pump

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 25, 2026List Date
$469,000List Price
  • Commute

Commute

Starting Address
Destination Address
108 S Main St, Wingate, NC

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties