Development Opportunity!! Attention Investors!!! This property presents a fantastic investment opportunity, offering a unique blend of potential and possibility to develop this property. The existing 2-bedroom, 1-bath home, with two bedrooms on the main floor and an additional room upstairs that has been used as a third bedroom(does not quite meet ceiling height requirement), as well as, a flex space that could be a formal dining room/office, provides a solid foundation for renovation or expansion. The spacious front porch, with gorgeous mountain views, spans the width of the home, adds charm and character, while the paved driveway and livestock area cater to more practical needs. With a total of 4 lots which totals 3.12 acres of land, the possibilities are endless—whether you're looking to create a large homestead, build new homes, install manufactured and/or modular homes, or develop the property for rental income, the possibilities are endless. The large stable/barn, complete with room for tractor and hay storage, as well as tack rooms, makes this property particularly appealing for those interested in horses or agricultural ventures. While the doublewide on the property is in disrepair and may require significant work or replacement, this challenge also presents an opportunity to add value through renovation or redevelopment. Overall, this property is ideal for builders, mobile/modular home developers, and investors looking to capitalize on its potential and create a profitable venture.
Active
$250,000
1940 Paul Shuping Ave, Morganton, NC 28655
2beds
1,357sqft
Est.:
Single Family Residence
Built in 1932
3.12 Acres Lot
$210,000 Zestimate®
$184/sqft
$-- HOA
What's special
Gorgeous mountain viewsPaved drivewaySpacious front porchFlex spaceLivestock areaTack rooms
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