801 E Marion Street, Shelby, NC 28150

$575,000
6
BD
6
BA
3,898
SqFt

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List Price
$575,000
MLS#
4409851
Status
ACTIVE
Property Type
Residential
Foreclosure
Yes
Distressed Property
Yes
Year Built
1925
Days on Market
16
Bedrooms
6
Bathrooms
6
Full Baths
6
Lot Size
16,552
Lot Size Area
0.38
Living Area
3,898
Sq Ft Total
3898
County
Cleveland
Subdivision
No Neighborhood

Property Description

Incredible investment opportunity in Shelby! This property offers massive income potential for savvy investors looking to expand their portfolio. Configured as a high-capacity residential setup, the property currently functions with 7 separate rentable spaces, including a converted garage unit. There is a 2nd living quarter in a separate building. Conveniently located near local amenities, shopping, and downtown Shelby. Being offered via auction while occupied—exterior/drive-by viewings only, no interior access permitted prior to sale. Sold as-is. Don't miss this high-upside cash-flow opportunity!

Additional Information

Equipment
None
Foundation
Slab
Main Level Rooms
Bedroom(s)
Laundry Location
None
Heating
Other - See Remarks
Water
Other - See Remarks
Sewer
Other - See Remarks
Exterior Construction
Brick Partial, Wood
Parking
Assigned
Driveway
Concrete, Paved
Elementary School
Jefferson
Middle School
Shelby
High School
Shelby
Special Conditions
Notice Of Default

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Showcase Realty LLC. nancy@showcaserealty.net

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