708 S 3rd StreetSmithfield, NC 27577

Description

NO HOA | USDA ELIGIBLE | Downtown Smithfield Brick Ranch | Walkable Lifestyle | Investor-Friendly Opportunity Rare opportunity to own a charming brick ranch in the heart of Downtown Smithfield offering walkable convenience and strong flexibility for both homeowners and investors seeking long-term rental or Airbnb-style income potential. Just minutes from restaurants, shopping, entertainment, medical facilities, the Neuse River Amphitheater, and scenic access to the Neuse River Greenway, this home offers an exceptional blend of downtown convenience, recreation, and small-town lifestyle appeal. Opportunities to own in this desirable downtown location are becoming increasingly difficult to find. This well-maintained 2-bedroom, 1-bath home features a functional single-level layout, timeless hardwood floors, an open kitchen, formal dining room, and a cozy gas fireplace that adds warmth and character. The bright three-season room provides valuable flex space ideal for a home office, hobby room, reading area, or additional living space. Step outside to enjoy the covered patio, perfect for relaxing or entertaining, while the corner lot enhances curb appeal and creates a more open, spacious feel. Major system updates--including a water heater (2026), HVAC system (2020), and roof (2019)--provide added peace of mind and help reduce future maintenance concerns. Whether you're a first-time buyer exploring USDA-eligible financing opportunities, downsizing into a manageable single-level home, or seeking a property with long-term rental or Airbnb-style investment flexibility, this home delivers a rare combination of location, functionality, and value. With no HOA restrictions, updated major systems, and a highly desirable Downtown Smithfield location, this property offers the flexibility, convenience, and long-term appeal that today's buyers are searching for. Schedule your showing today.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Structure type

House

Year built

1940

Living area

1,170 Sq Ft

Lot size

0.08 acres

Lot dimensions

48 x 68 x 50 x 70

Parking spaces

2

Zoning

RES

Days on market

29

MLS^® Listing#

10190936

Property Features

Interior

Ceiling Fan(s) · Crown Molding · Laminate Counters

Exterior

Rain Gutters

Appliances

Dishwasher · Electric Range · Free-Standing Electric Range · Free-Standing Range · Microwave · Range

Cooling

Central Air · Ceiling Fan(s) · Heat Pump

Heating

Central · Electric · Fireplace(s) · Forced Air

Flooring

Hardwood · Tile · Vinyl · Wood

Fireplace

Family Room · Glass Doors · Gas Log · Insert · Living Room · Masonry · Raised Hearth

Basement

Crawl Space

Parking

Attached · Concrete · Direct Access · Driveway · Open · Parking Pad · Private

Laundry

In Hall · Inside · Main Level

Patio

Covered · Deck · Enclosed · Patio · Porch

Lot features

City Lot · Corner Lot · Front Yard · Level

Construction

Brick · Brick Veneer · Vertical Siding · Vinyl Siding

Roof

Shingle

Sewer

Public Sewer

Water source

Public

Rooms

Schools

Elementary

Johnston - South Smithfield Elementary

Middle

Johnston - Smithfield Middle

High

Johnston - Smithfield Selma High

Financial Details

HOA

None

Annual taxes

$1,933Tax year 2025

Assessed value

$199,310

Parcel number

15039049B