5 S 1st Street, Belmont, NC 28012

$349,000
4
BD
2
BA
1,313
SqFt

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Listing courtesy of EXP Realty LLC Ballantyne. 704-622-4865

List Price
$349,000
MLS#
4359969
Status
ACTIVE
Days on Market
175
Property Type
Residential
Year Built
2005
Price Change
▼ $10,000 1787879031
Bedrooms
4
Bathrooms
2
Full Baths
2
Lot Size
10,454
Lot Size Area
0.24
Living Area
1,313
Sq Ft Total
1313
County
Gaston
Subdivision
No Neighborhood
Special Conditions
None

Property Description

Welcome to 5 South First Street, a move-in ready 4-bedroom, 2-bath single-story home offering versatility for investors and first-time homebuyers alike, with the potential for either short-term or long-term rental use. Located in a convenient Belmont-area setting, this property offers the opportunity to pursue multiple ownership strategies while enjoying a functional home with recent updates and desirable outdoor space. The open-concept layout creates an easy flow between the main living areas, making the home bright, inviting, and well-suited for both everyday living and entertaining. The floor plan provides flexibility for traditional tenants, short-term guests, a home office, or a growing household. For investors, the property has previously operated as a successful short-term rental and is well-positioned for continued Airbnb use or a traditional long-term rental strategy. The four-bedroom layout provides flexibility for a variety of rental approaches, while the home's location offers convenient access to local amenities and major routes. For a first-time homebuyer, the property also presents an opportunity to purchase a home that could potentially generate rental income in the future. Recent improvements include fresh interior paint, updated carpet, new front landscaping, and the addition of a fire pit, enhancing both curb appeal and outdoor enjoyment. Additional upgrades, including a replaced exterior electrical panel, Ring flood light, and EV charger, add functionality and convenience for modern living. Outside, the home features a nicely sized backyard with space to relax, entertain, or customize to your liking. The property sits on an extra-wide lot compared to many homes on the street, providing additional outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the home offers added privacy while remaining just minutes from downtown shops, restaurants, and local amenities. Enjoy walkability to nearby attractions, quick access to major highways, and an easy commute to Charlotte and the airport. The home is also located just down the street from the revitalized Chronicle Mill redevelopment, adding to the area's continued growth and appeal. For buyers looking for a turnkey opportunity, the seller is willing to consider conveying the existing furnishings with a acceptable offer. This creates the potential for an investor to step into an established short-term rental setup or for a buyer to enjoy a largely furnished home from day one. Whether you're looking to add a property to your rental portfolio, continue a successful short-term rental strategy, establish a long-term rental, or purchase your first home with future income potential, 5 South First Street offers flexibility, functionality, and a convenient location. Schedule your private showing today!

Additional Information

Equipment
Dishwasher, Electric Range, Microwave, Refrigerator
Foundation
Slab
Main Level Rooms
Living Room, Kitchen, Dining Area, Primary Bedroom, Bathroom-Full, Bedroom(s), Bedroom(s), Bedroom(s), Bathroom-Full
Laundry Location
Inside, Laundry Closet
Heating
Central, Electric
Water
City
Sewer
Public Sewer
Exterior Construction
Vinyl
Parking
Driveway
Driveway
Concrete, Paved
Lot Description
Level
Elementary School
Page
Middle School
Belmont
High School
South Point (NC)
Total Property HLA
1313
Master on Main Level
Yes

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

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