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505 E Main Street, Burnsville, NC 28714

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For Sale

$1,200,000

1.18 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • Newly Listed
    Time on Century 21

  • 1.2 acres
    Lot size

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity in the Heart of Burnsville! Welcome to 505 E Main Street, Burnsville, NC-a rare chance to own a high-visibility income-producing property right on Burnsville's thriving Main Street. This versatile property features 7 individual rental units, already generating consistent rental income, making it the perfect turnkey investment. The property consists of: 4 apartments, 1 retail storefront with prime Main Street frontage, 1 studio apartment, 1 main cabin residence With city water and sewer in place, this property is fully connected and ready for continued growth. The location truly says it all-walkable to shops, restaurants, and Burnsville's historic town square, with excellent exposure for both residential and commercial tenants. Whether you're looking to expand your portfolio, operate a business while collecting rental income, or reimagine the property for future development, the opportunities here are endless.
MLS# 4305597

Courtesy Of Dream Mountain Realty, Inc

(828) 208-3135

Property Features

  • Age
    Over 50 Years Old
  • Exterior Type
    Metal
  • Floor Covering
    Concrete, Carpet, Vinyl
  • Lot Size
    1.18 Acres
  • Roof Type
    Metal

Map and Directions

Directions to 505 E Main Street, Burnsville, NC 28714

Home seller CENTURY 21 Mountain Vistas

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 Mountain Vistas

(828) 264-9111
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† 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.