108 S Main Street
Wingate, NC, 28174 $ 469,000
Bedrooms7 Baths3.0 Sq 2,792 Monthly Estimate*
$ 3,239
for $469,000 with 7 bedrooms and 3 full baths. This 2,792 square foot home was built in 1914 on a lot size of 0.95.
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.
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FeaturesGeneralLiving Area 2792
Sewer Public Sewer
Heating Heat Pump Natural Gas
Cooling Central Air Heat Pump
Utilities Cable Connected Electricity Connected Natural Gas
Appliances None
Patio/Porch Features Wrap Around
Security Features Carbon Monoxide Detector(s) Fire Sprinkler System Smoke Detector(s)
Construction Materials Hardboard Siding
Year Built 1914
Levels Two
Property Subtype Single Family Residence
Parcel Number 09-022-096
County Union
New Construction N
Property Type Residential
HOA N
Subdivision Name none
Garage Y/N N
Other Structures Outbuilding
Full Baths 3
High School Unspecified
City Wingate
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 315800
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ExteriorParking Features Parking Lot Parking Space(s)
Lot Features Corner Lot
Water Source City
Lot Size Area 0.95
Foundation Details Crawl Space
Road Surface Type Asphalt Paved
Other Parking Private Parking Lot with space for approximately 13 Vehicles
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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InteriorFireplace Features Non-Functional
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 2792
Half Baths 0
Laundry Features Common Area Utility Room
Total Bedrooms 7
Below Grade Finished Area 0
Total Baths 3
SqFt Main 2028
SqFt Lower 0
SqFt Upper 764
Bedroom 4
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* Excluded FeaturesList ByBlue Collar Realty LlcBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,239
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Wingate, NC
Average List Price $564,182
Percent of Sale Price 20%
About Wingate, NC 3,223 Population
27% Since 2002
$ 43,111 Median Income
29.83 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/27/2026 | $469,000 | | Listed Price |