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John KurtzCharlotte · NC

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Forest City · Forest City, NC

160 & 164 Arlington Street

Forest City, NC

$275,000

  • 8Beds
  • 5Baths
  • 0SqFt
  • 1947Year
  • 14Days on market

About this home

Step into a piece of Forest City history at 160/164 Arlington Street, where timeless character and endless opportunity come together on one remarkable property. Nestled beneath mature trees in an established neighborhood, this unique estate offers the chance to restore and reimagine a property filled with charm, character, and income producing potential.

The main residence is rich with the craftsmanship and architectural details of a historic era and is ready for renovation to bring its full beauty back to life. Original features and historic charm provide the perfect foundation for investors, renovators, or visionaries seeking to create something truly special. With thoughtful restoration, this property could become a stunning private estate, a boutique bed and breakfast, an elegant event retreat, or a nostalgic short term rental destination full of warmth and storybook appeal.

Adding even more value and flexibility is the impressive three car garage, workshop, and private two bedroom additional dwelling unit above. Currently operating as a successful income producing Airbnb, this separate living space already offers built in revenue potential while the main residence is restored or reimagined. Ideal for guest accommodations, an in law suite, owners quarters for a bed and breakfast, or continued short or long term rental income, the possibilities are endless. The workshop and garage space also provide room for hobbies, storage, business use, or future customization.

Whether envisioned as a profitable income producing property, a multi generational family compound, a charming bed and breakfast with private owners guest house, or a beautifully restored historic estate, the possibilities at Arlington Street are truly endless.

This is more than just real estate. It is an opportunity to breathe new life into a historic property while creating lasting value in one of Western North Carolina’s growing communities. Investors, dreamers, and entrepreneurs alike will immediately recognize the rare potential waiting to be unlocked at 160 & 164 Arlington Street.

Property details

Beds
8
Baths
5
SqFt
0
Lot
Year built
1947
Type
Single Family
Days on market
14
Garage
2
Style
Traditional
Heating
Baseboard, Forced Air, Heat Pump, Natural Gas
Cooling
Central Air, Heat Pump
Foundation
Basement, Other - See Remarks
Flooring
Tile, Wood

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,023/ month

Principal & interest
$1,703
Property tax (~1.05%)
$240
Homeowners insurance
$80
HOA dues

Down payment

$13,750 down · $261,250 financed

Income to qualify (28% rule)

~$86,742 / 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.