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John KurtzCharlotte · NC

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Mount Holly · Mount Holly, NC

5208 Hickory Grove Road

Mount Holly, NC · 1,057 sqft

$273,999

Reduced from $275,000

  • 2Beds
  • 2Baths
  • 1,057SqFt
  • 1970Year
  • 38Days on market

About this home

Investors, DIYers, TLCers, Developers, Builders, Flippers, Businesses-discover this property with huge potential conveniently located near Stanley and Mount Holly! This near acre property contains a ranch home, a detached 2 car carport, outdoor deck, and MASSIVE second living quarters with all the space needed to continue converting it into an ADU, mother in law suite, or main house, and then potentially rent it out and get some passive income! Or, convert it back into a massive garage with 20+ ceilings, perfect for a shop, auto repairs, storage, toys, and more! This property also sits in a growing corridor of Mount Holly and Stanley, which is optimal for appreciation and could be a great long term buy and hold play. The expansive property could also be suitable for development-tear down the existing structures and build something new! The property is zoned R-1 and there is a survey available. If you want options, this is the property for YOU, the sky is the limit! Property sold AS-IS.

Property details

Beds
2
Baths
2
SqFt
1,057
Lot
Year built
1970
Type
Single Family
Days on market
38
Heating
Forced Air
Cooling
Central Air
Foundation
Crawl Space, Slab
Flooring
Carpet

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$2,016/ month

Principal & interest
$1,696
Property tax (~1.05%)
$239
Homeowners insurance
$79
HOA dues

Down payment

$13,699 down · $260,299 financed

Income to qualify (28% rule)

~$86,427 / 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.