Listing
$469,000
108 S••••• Main St (Sign up for 50 free credits to unlock)Wingate, NC 28174
Property 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 Facts & Features
- Property Type
- Single Family
- Status
- Active
- Listed
- Jul 25, 2026
- Price per Sq Ft
- $168/sqft
- ZIP Code
- 28174
- Full Baths
- 3
- Stories
- 2
- Parking
- Parking Lot, Parking Space(S)
- Heating
- Heat Pump, Natural Gas
- Cooling
- Central Air, Heat Pump
- Construction
- Hardboard Siding
- Property Tax (2026)
- $2,476/yr
- Assessed Value
- $315,800
- Last Sold
- $210,000 · Dec 15, 2019
- County
- Union
- School District
- Union County Public School District
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Bedrooms
- Bedrooms: 7
- Bedrooms On Main Level: 4
- Bedrooms On Upper Level: 3
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Full Bathrooms On Main Level: 2
- Full Bathrooms On Upper Level: 1
Land Info
- Additional Parcels: No
- Lot Description: Corner Lot
- Lot Size Acres: 0.95
- Lot Size Square Feet: 41382
Utilities
- Sewer: Public Sewer
- Cable Connected
- Electricity Connected
- Natural Gas
- Water Source: City
Appliances
- Laundry Features: Common Area, Utility Room
Other Rooms
- Total Rooms: 1
Home Features
- Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Garage and Parking
- Open Parking: No
- Other Parking: Private Parking Lot with space for approximately 13 Vehicles
- Parking Features: Parking Lot, Parking Space(s)
School Information
- Elementary School: Unspecified
- High School: Unspecified
- Middle School: Unspecified
Heating and Cooling
- Cooling Features: Central Air, Heat Pump
- Fireplace Features: Non-Functional
- Heating Features: Heat Pump, Natural Gas
Other Property Info
- Source Listing Status: Active
- County: Union
- Parcel Number: 09-022-096
- Postal Code Plus 4: 9752
- Zoning Description: R20
- Property Subtype: Single Family Residence
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
Building and Construction
- Total Square Feet Living: 2792
- Year Built: 1914
- Above Grade Finished Area: 2792
- BelowGradeFinishedArea: 0
- Construction Materials: Hardboard Siding
- Foundation Details: Crawl Space
- Levels: Two
- Property Age: 112
- Levels or Stories: Two
- Structure Type: Site Built
- Total Above Grade Sqft Area: 2792
- Total Area Main: 2028
- Total Area Sqft: 2792
- Total Area Upper: 764
Exterior and Lot Features
- Other Structures: Outbuilding
- Patio And Porch Features: Wrap Around
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Asphalt, Paved
Location
Lat 34.98138 · Lng -80.44928