48224 Us Hwy     52 None N, Misenheimer, NC 28137
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48224 Us Hwy     52 None N, Misenheimer, NC 28137
48224 Us Hwy     52 None N, Misenheimer, NC 28137
48224 Us Hwy     52 None N, Misenheimer, NC 28137
48224 Us Hwy     52 None N, Misenheimer, NC 28137
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$ 239,900
Est. payment /mo
New

48224 Us Hwy 52 None N Misenheimer, NC 28137

4 Beds

2 Baths

1,824 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

Price per Sqft $131

MLS Listing ID 4433641

Style Ranch

Bedrooms 4

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,824

Year Built 1955

Lot Size 0.670 Acres

Acres 0.67

Lot Dimensions 114x258x110x260

Property Sub-Type Single Family Residence

Property Description

INVESTMENT OPPORTUNITY...1/2 MILE FROM PFEIFFER UNIVERSITY! Offered at $239,900, this all-brick ranch presents a unique opportunity for investors or families with students attending Pfeiffer University. Currently configured for student housing with four individual sleeping rooms, the property is leased to four university students generating $1,500 per month in rental income. Existing leases run through May 2027, with tenants responsible for utilities and lawn maintenance. The current 10-month lease structure and affordable room rates offer potential for increased future rental income.

The home features approximately 1,824 square feet, including a converted garage that provides valuable additional flex/living space and a laundry area. Other highlights include a spacious lot, large deck, 9'x12' storage building, and an approximately 3-year-old HVAC heat pump. The home retains much of its original character, has been well maintained, and offers the durability of brick construction.

With its exceptional proximity to Pfeiffer University's main campus and established student rental history, this property offers an attractive opportunity for investors seeking rental income or parents considering a housing investment for their college student. Property is being sold subject to existing leases through May 2027.

Virtual tour and floor plan available. Come make this yours today!

Location

State NC

County Stanly

Zoning R-S

Rooms

Primary Bedroom Level Main

Main Level Bedrooms 4

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Flooring Carpet, Tile, Vinyl, Wood

Fireplaces Type Living Room

Fireplace true

Appliance Dishwasher, Electric Range, Refrigerator

Laundry Utility Room

Exterior

Street Surface Gravel,Paved

Garage false

Building

Lot Description Level, Wooded

Dwelling Type Site Built

Foundation Crawl Space

Sewer Public Sewer

Water County Water

Architectural Style Ranch

Level or Stories One

Structure Type Brick Full

New Construction false

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Virtual Tour https://www.insidemaps.com/app/walkthrough-tour/?p=RUX6x0imJv


Listed by Todd Beddard • Real Broker, LLC • tbeddard@bedrockprop.com

Nearby Locations

Alyssa Currier

Alyssa Currier

License ID: NC, SC, NY

+1(980) 213-9766

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48224 Us Hwy 52 None N