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1940 Paul Shuping Avenue, Morganton, NC 28655

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For Sale

$250,000

2 beds • 1 baths • 1,357 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $184.23
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# 4308620

Courtesy Of EXP REALTY LLC

(888) 584-9431

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Other
  • Exterior Type
    Asbestos
  • Lot Size
    3.12 Acres
  • Rooms
    Dining Room

Map and Directions

Directions to 1940 Paul Shuping Avenue, Morganton, NC 28655

Home seller CENTURY 21 DiGioia Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 DiGioia Realty

(704) 506-6434
Learn More About Us

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.