Lincolnton · Lincolnton, NC
1101 E Pine Street
Lincolnton, NC · 1,576 sqft
$310,000
Reduced from $325,000
- 5Beds
- 2Baths
- 1,576SqFt
- 1935Year
- 22Days on market
About this home
INVESTOR SPECIAL!!! So much potential for this property! Current home needs complete renovation, but it boasts of almost 1600 sqft, 5 bedrooms, 2 full baths. Oversized .506 acre lot (22041sqft)! Property zoned R8, which per City of Lincolnton, can potentially accommodate an additional duplex (R8 zoning allows a duplex per every 1200sqft and 1 single family home per every 6000 sqft). Buyer will need to do due diligence to confirm this is possible with the county. Current home will convey as-is with no repairs made by seller.
Property details
- Beds
- 5
- Baths
- 2
- SqFt
- 1,576
- Lot
- —
- Year built
- 1935
- Type
- Single Family
- Days on market
- 22
- Style
- Traditional
- Heating
- Heat Pump, None
- Cooling
- Central Air, None
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,281/ month
- Principal & interest
- $1,919
- Property tax (~1.05%)
- $271
- Homeowners insurance
- $90
- HOA dues
- —
Down payment
$15,500 down · $294,500 financed
Income to qualify (28% rule)
~$97,782 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
