HUGE VALUE ADD OPPORTUNITY! There is an unfinished basement the size of 1,163 square ft that could be completed making this home a total of 3,486 square ft upon completion of the basement. Opportunity awaits in this spacious 2,323 sq. ft. home in desirable Belmont! Conveniently located just minutes from the highway and adjacent to brand-new medical offices and the YMCA, this property offers excellent accessibility and long-term potential. The main level features 3 bedrooms and 2 full bathrooms, plus an office located in the basement that is currently being used by the tenant as a bedroom, providing additional flexible living space. The home offers a functional layout and solid bones but is in need of cosmetic updates throughout, making it an excellent opportunity for investors, renovators, or buyers looking to add value. Major improvements include a new roof installed in 2025. The HVAC system was installed in 2011 and is reported to be operating well. Investors are welcome—the current tenant would like to remain in the home and is paying $1,900 per month on a month-to-month lease, offering immediate rental income potential. Please note: The property is tenant occupied. All showings must be scheduled in advance and confirmed prior to access. Home is being sold as-is.
Based on the average sale price from the Hickory, NC office
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Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
225 Ferstl Avenue Belmont, NC is a Single Family Home for sale at $330000 with 2323 sqft and a lot size of 0.469 Acres Acre(s). 225 Ferstl Avenue Belmont has 4 bedrooms, 2 baths and was built in 1954. The property's zip code is 28012 which is in Belmont, NC
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.
Mortgage calculator provided courtesy of Inside Real Estate.
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