Elkin · Elkin, NC
706 Elk Spur Street
Elkin, NC · 1,216 sqft
$279,000
- 3Beds
- 2.5Baths
- 1,216SqFt
- 1940Year
- 1Days on market
About this home
Nestled on just under an acre in Elkin, this charming home is the perfect blend of character & investment potential! A landscaped front yard & circular drive set the tone, while hardwood floors, built-in shelving, & cozy fireplace make the interior feel like home. The updated kitchen features quartz countertops and stainless steel appliances, and the main-level primary suite adds everyday convenience. Upstairs offers two bedrooms, a full bath, and dedicated laundry. Outside, enjoy a front porch, covered side deck, and a private back deck ideal for entertaining. Currently operating as a successful short-term rental, this property is a proven investment opportunity in one of NC's most sought-after small towns. Located in Elkin's Golf Cart District, you're just a short ride from downtown's wineries, restaurants, breweries, local shops, and hiking trails. Whether you're looking for an income-producing property, weekend retreat, or full-time home, this one truly checks all the boxes!
Property details
- Beds
- 3
- Baths
- 2.5
- SqFt
- 1,216
- Lot
- —
- Year built
- 1940
- Type
- Single Family
- Days on market
- 1
- Style
- Bungalow
- Heating
- Electric, Heat Pump
- Cooling
- Ceiling Fan(s), Heat Pump
- Foundation
- Basement
- Flooring
- Tile, Wood
Features
- Built-in Features
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,053/ month
- Principal & interest
- $1,727
- Property tax (~1.05%)
- $244
- Homeowners insurance
- $81
- HOA dues
- —
Down payment
$13,950 down · $265,050 financed
Income to qualify (28% rule)
~$88,004 / 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.