Peachland · Peachland, NC
164 New York Avenue
Peachland, NC · 2,231 sqft
$450,000
- 3Beds
- 3Baths
- 2,231SqFt
- 1972Year
- 240x296x210x194Lot
- 63Days on market
About this home
This rare 1.2-acre multi-use property, just 2 miles from Union County, offers exceptional investment potential with a one-owner full-brick ranch home that has been tastefully updated throughout. The main residence features a newly renovated kitchen with modern cabinetry, countertops, backsplash, and stainless-steel appliances, along with updated baths, spacious living areas, a brick-paver sunroom, abundant storage, and an oversized garage. A detached studio apartment with its own 2-car garage adds valuable flexibility for rental income, guest use, or on-site workspace. Grandfathered as residential but zoned Highway Business, the property opens the door to a wide range of commercial or mixed-use possibilities, making it an ideal opportunity for investors, entrepreneurs, or those seeking a live-work setup with room to expand. MLS commercial listing #4364961
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 2,231
- Lot
- 240x296x210x194
- Year built
- 1972
- Type
- Single Family
- Days on market
- 63
- Garage
- 4
- Style
- Traditional
- Heating
- Forced Air, Propane
- Cooling
- Central Air
- Foundation
- Crawl Space
- Flooring
- Carpet, Vinyl
Features
- Attic Stairs Pulldown
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$3,311/ month
- Principal & interest
- $2,786
- Property tax (~1.05%)
- $393
- Homeowners insurance
- $131
- HOA dues
- —
Down payment
$22,500 down · $427,500 financed
Income to qualify (28% rule)
~$141,942 / 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.