For Sale $149,900
Prime Investment Opportunity | Tenant-Occupied Turnkey Gem Calling all investors! Looking for a seamless investment with immediate cash flow? This 3-bedroom, 2-bathroom home offers a "plug-and-play" opportunity for the savvy investor. Currently tenant-occupied, this property allows you to skip the renovation headaches and vacancy periods, earning rental income from day one. Situated in a high-demand pocket of Shelby, this home is minutes away from Downtown and has quick access to local highways. Property Highlights Spacious Layout: A versatile 3BR/2BA floor plan that appeals to a wide range of renters. Proven Track Record: Reliable income stream with a tenant already in place. Low Maintenance: Positioned as a sturdy, long-term hold in a growing market. Investor Note: Properties in this price point and proximity to the city center are moving fast. Capitalize on the growth of Shelby and secure your next asset today.
| List Price: | $149,900 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 720 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4370849 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1952 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 06-19-2026 | Listed | $149,900 | $209 |
| 08-14-2025 | Listed | $469,999 | $653 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Pinnacle Classical Academy | 3 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 1006 Gum Street, Shelby NC | 0 mi | $149,900 | days | |
| 97-1 Edgemont Avenue, Shelby NC | 0.1 mi | $250,000 | days | |
| 825 Hawthorne Road, Shelby NC | 0.2 mi | $449,900 | days | |
| 927 Elizabeth Road, Shelby NC | 0.2 mi | $439,900 | days | |
| 715 Marion Street, Shelby NC | 0.2 mi | $395,000 | days | |
| 208 Poston Street, Shelby NC | 0.2 mi | $232,500 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Carolina Alpine Real Estate LLC
1006 Gum Street, Shelby NC is a 720 ft2 on a 0.284 acres Appraisal lot. This is for $149,900. This has 3 bedrooms, 2 baths, and was built in 1952.
Based on information submitted to the MLS GRID as of 2026-06-19 10:05:28 EST. All data is
obtained from various sources and may not have been verified by broker or MLS GRID. Supplied
Open House Information is subject to change without notice. All information should be independently
reviewed and verified for accuracy. Properties may or may not be listed by the office/agent
presenting the information. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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