702 E Main Street

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Address: 702 E Main Street, Cherryville, North Carolina, US
Created date: April 10, 2024
Date last updated: April 20, 2024

Property Description

Motivated Seller! CALLING ALL INVESTORS with vision who want monthly cash flow! Former funeral home walking distance to up & coming downtown Cherryville! This property has a conditional use for multi-family for up to 6 units due to acreage (see attached zoning regulations and call Cherryville Planning Department with questions). Listed as a 3 bedroom due to 6'9" ceiling height upstairs, where you will find 3 additional rooms and an additional 1358 sq ft. 5 exterior entrances. Since it was previously used as commercial space, there are no full bathrooms - only (2) half baths with a separate shower stall. Double lot with ginormous parking lot and 3 bay detached garage with plenty of room for potential second build. Rent out garage space to future tenants for vehicles or regular storage. Add coin laundry for additional cash flow - the opportunities are endless! You have to see this one to understand its full potential! Cross-listed in Commercial (MLS 4104640) and Residential (MLS 4106617)

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $324,000
No. of Units: 6
Year Built: 1942
Lot Size: 2,944.00 Sq ft
Opportunity Zone: No
Price per unit: $54,000
Property Website Click Here
Number of Bedrooms: 3
Number of Bathrooms: 2
Address: 702 E Main Street, Cherryville, NC 28021, USA
Provided by:

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