$250,000

1940 Paul Shuping Avenue, Morganton, NC 28655

  • 2 beds |
  • 1 bath |
  • 1,357 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon3.12acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $184/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Development Opportunity!! Attention Investors!!! This property presents a fantastic investment opportunity, offering a unique blend of potential and possibility to develop this property. The existing 2-bedroom, 1-bath home, with two bedrooms on the main floor and an additional room upstairs that has been used as a third bedroom(does not quite meet ceiling height requirement), as well as, a flex space that could be a formal dining room/office, provides a solid foundation for renovation or expansion. The spacious front porch, with gorgeous mountain views, spans the width of the home, adds charm and character, while the paved driveway and livestock area cater to more practical needs. With a total of 4 lots which totals 3.12 acres of land, the possibilities are endless—whether you're looking to create a large homestead, build new homes, install manufactured and/or modular homes, or develop the property for rental income, the possibilities are endless. The large stable/barn, complete with room for tractor and hay storage, as well as tack rooms, makes this property particularly appealing for those interested in horses or agricultural ventures. While the doublewide on the property is in disrepair and may require significant work or replacement, this challenge also presents an opportunity to add value through renovation or redevelopment. Overall, this property is ideal for builders, mobile/modular home developers, and investors looking to capitalize on its potential and create a profitable venture.

Listing Status:
Active
Listing Office:
EXP Realty LLC : 888-584-9431
MLS ID:
4308620
  • Appliances: Exhaust Hood
  • Laundry: In Bathroom
  • A/C: Electric
  • Heating: Electric
  • General: Barn(s)Hay StorageTractor Shed
  • Style: Traditional
  • Other Structures: Front Porch
  • Parking: Driveway
  • General: Site BuiltCrawl Space
  • Road/Access: AsphaltPaved
  • Originating MLS: carolina
  • County: Burke
  • Zoning: R-31791028945
  • Water: Public
  • Sewer: Septic Installed
  • Source: carolina

This listing courtesy of EXP Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Salem Elementary School

1329 Salem Rd, Morganton, NC, 28655

Grades PK-5

1.73 miles away

L

Liberty Middle School

529 Enola Rd, Morganton, NC, 28655

Grades 6-8

3.66 miles away

R

Robert L. Patton High School

701 Enola Rd, Morganton, NC, 28655

Grades 9-12

3.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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