116 E Ingram ST Save Request In-Person Tour Request Virtual Tour
Mount Gilead,NC 27306
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,498 sqft
Price per Sqft $20
MLS Listing ID 4289012
Bedrooms 3
Full Baths 2
Year Built 1900
Lot Size 0.470 Acres
Property Sub-Type Single Family Residence
Property Description
Attention investors and rehab specialists! This vacant SFR that is set up to host multi-family living offers a rare opportunity to restore a historic duplex just steps from downtown Mount Gilead. One side featuring a 2-bedroom, 1-bath layout and the other 1-bedroom, 1-bathroom , ideal for room rentals, long-term tenants, or a full flip.
The structure is in very poor condition and will require a complete renovation—but the upside is undeniable. With strong rental demand in the area and is the perfect blank canvas for a seasoned investor looking to maximize returns.
Situated on a nearly half-acre lot, there's potential for yard use, additional parking, or exterior upgrades to increase curb appeal.
Highlights
Two unit living
Separate entrances
Strong rental comps nearby
Sold as-is, no repairs by seller
Bring your vision, your contractor, and your calculator—this one won't last.
Location
State NC
County Montgomery
Zoning SFR
Interior
Heating None
Cooling None
Laundry None
Building
Dwelling Type Site Built
Foundation Crawl Space
Sewer Public Sewer
Water City
Structure Type Asbestos
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Special Listing Condition None