For Sale $469,000
Exceptional Investment Opportunity Near Wingate University! Located just steps from the campus, this well-maintained property offers an outstanding opportunity for investors seeking immediate and future income potential. Currently configured and operated as student housing, the home features over 2,500 square feet with seven private bedrooms, including one bedroom with a private en-suite bath, a spacious shared kitchen, central community laundry room, welcoming foyer, and two additional shared full bathrooms. Situated on approximately 0.95 acres, the property also offers a large private parking lot for residents and a detached garage used exclusively for owner storage. Since purchasing the property in 2019, the current owners have completed numerous major capital improvements, including a new roof, plumbing upgrades, all new windows, new HVAC equipment, and a fully functional, code-compliant fire sprinkler system. Only one bedroom is currently occupied, as ownership has elected to stop leasing additional rooms in preparation for the sale. This provides the new owner with the opportunity to establish their own leasing strategy, tenant selection, and rental rates while filling the remaining vacancies at their own pace. With its established history as student housing, ample on-site parking, significant recent improvements, and prime location just minutes from Wingate University, this is a rare opportunity to acquire a unique investment property with substantial upside potential.
| List Price: | $469,000 |
| Status: | For Sale |
| Bedrooms: | 7 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2028 sqft |
| Parking: | Parking Lot, Parking Space(s) |
| MLS Number: | CAR4407726 |
| Subdivision: | none |
| Bathrooms: | 3 |
| Lot Description: | Corner Lot |
| Year Built: | 1914 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-12-2026 | Listed | $469,000 | $232 |
| 11-09-2025 | Under Contract | $140,000 | $70 |
| 10-25-2025 | Listed | $140,000 | $70 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Union Academy Charter School | 7 miles | KG-06 | 9 |
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 |
| 108 Main Street, Wingate NC | 0 mi | $469,000 | days | |
| 213 Washington Street, Wingate NC | 0.3 mi | $270,000 | days | |
| 201 Elm Street, Wingate NC | 0.3 mi | $369,900 | days | |
| 243 Main Street, Wingate NC | 0.4 mi | $385,000 | days | |
| 114 Chaney Street, Wingate NC | 0.4 mi | $330,000 | days | |
| 302 Elm Street, Wingate NC | 0.4 mi | $270,000 | 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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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 Blue Collar Realty LLC
108 Main Street, Wingate NC is a 2028 ft2 on a 0.950 acres lot. This is for $469,000. This has 7 bedrooms, 3 baths, and was built in 1914.
Based on information submitted to the MLS GRID as of 2026-08-12 14:53:30 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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