Located in the warm and welcoming town of Fairmont, North Carolina, this 3-bedroom, 1-bath home offers 1,466 sq. ft. of potential waiting to be unlocked. While the existing structure has suffered fire damage, the true value lies in the versatility of the property and its highly desirable R10 zoning.
Sitting on an impressive 100-foot x 200-foot lot, this property opens the door to multiple investment paths:
Renovate and restore the current home to its original charm
Build an ADU (Accessory Dwelling Unit) for additional income
Construct a duplex to maximize rental potential in a high-demand area
The neighborhood is known for its safe, friendly atmosphere, making it an ideal location for future tenants or homeowners. Plus, it’s conveniently within walking distance to Fairmont Middle School, adding even more appeal for families and long-term renters.
Whether you’re a seasoned investor or general contractor looking for your next opportunity, this property offers flexibility, value, and a strong return potential in a community that truly feels like home.
For sale by owner
$28,900
700 Iona St, Fairmont, NC 28340
3beds
1,466sqft
Est.:
SingleFamily
Built in 1923
0.46 Acres Lot
$-- Zestimate®
$20/sqft
$-- HOA
Overview
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