Forest City · Forest City, NC
154 Lovelace Road
Forest City, NC · 1,848 sqft
$191,000
Reduced from $199,000
- 3Beds
- 2Baths
- 1,848SqFt
- 1975Year
- 63Days on market
About this home
Opportunity awaits! This 3 bedroom, 2 bath home sits on a spacious lot and offers incredible potential for renovators or buyers looking to create their dream property. The home and additional structures are in need of repairs and are being sold as-is, making this an ideal project for those with vision. The property features a large detached building (aprox.1,026 sq ft) along with an additional storage building-perfect for a workshop, hobby space, or future conversion. The possibilities are endless for a multi-use property.
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,848
- Lot
- —
- Year built
- 1975
- Type
- Single Family
- Days on market
- 63
- Style
- A-Frame
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Permanent
- Flooring
- Carpet, Linoleum
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,405/ month
- Principal & interest
- $1,182
- Property tax (~1.05%)
- $167
- Homeowners insurance
- $55
- HOA dues
- —
Down payment
$9,550 down · $181,450 financed
Income to qualify (28% rule)
~$60,246 / 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.