$469,000

108 S Main Street, Wingate, NC 28174

  • 7 beds |
  • 3 baths |
  • 2,792 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon0.95acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $168/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
August 10, 2026 at 10:18PM
Listing Office:
Blue Collar Realty LLC : 704-221-6506
MLS ID:
4407726
  • Appliances: None
  • Laundry: Common AreaUtility Room
  • A/C: Central AirHeat Pump
  • Heating: Heat PumpNatural Gas
  • Fireplace: Non-Functional
  • General: Outbuilding
  • Other Structures: Wrap Around
  • Parking: Parking LotParking Space(s)
  • General: Site BuiltCrawl Space
  • Road/Access: AsphaltPaved
  • Originating MLS: carolina
  • County: Union
  • Zoning: R2009-022-096
  • Utilities: Cable ConnectedElectricity ConnectedNatural Gas
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Blue Collar Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location