108 S Main StreetWingate, NC 28174
none · Union County
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 fire sprinkler system. 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.
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Year built
- 1914
- Living area
- 2,792 Sq Ft
- Zoning
- R20
- Days on market
- 62
- MLS® Listing#
- 4407726
Property Features
- Appliances
- None
- Cooling
- Central Air · Heat Pump
- Heating
- Heat Pump · Natural Gas
- Basement
- Crawl Space
- Parking
- Parking Lot
- Laundry
- Common Area
- Patio
- Wrap Around
- Lot features
- Corner Lot
- Security
- Carbon Monoxide Detector(s) · Fire Sprinkler System · Smoke Detector(s)
- Other structures
- Outbuilding
- Utilities
- Cable Available · Natural Gas Available · Cable Connected · Electricity Connected
- Sewer
- Public Sewer
- Water source
- Public
Schools
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
Financial Details
- HOA
- None
- Assessed value
- $315,800
- Parcel number
- 09-022-096
Listing Courtesy: Blue Collar Realty LLC - ecstorey@gmail.com
Last Updated: 2026-07-25
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