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 Details
- Cooling
- Central Air, Heat Pump
- Heating
- Heat Pump, Natural Gas
- Cooling Features
- Central Air, Heat Pump
- Bedrooms
- 7
- Bathrooms
- 3.0
- Full Baths
- 3
- Lot Features
- Corner Lot
- Stories
- 2
- Lot Description
- Corner Lot
- Acres
- 0.0
- Square Feet
- 2792.0
- Lot Size (sqft)
- 0.95
- Parking Features
- Parking Lot, Parking Space(s)
- Property Type
- Purchase
- Year Built
- 1914
- Foundation
- Crawl Space
- Sewer Information
- Public Sewer
- Utility Source
- City
- Utility Features
- Cable Connected, Electricity Connected, Natural Gas
- Subdivision
- none
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- County
- Union
- Region
- Wingate
- Original List Price
- $469,000
- Days on Market (Cumulative)
- 37
- MLS #
- 4407726
- Property Subtype
- Single Family Residence
- Parcel Number
- 09-022-096
- MLS #
- 4407726
- Date Listed
- July 25, 2026
- Address
- 108 S Main Street
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-07-26T00:41:06Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Provided By
Listed by Eric Storey (#CAR66077)
Listing Office: Blue Collar Realty LLC (#CAR10676)
