5 1st Street, Belmont NC
- 4 Bed
- 2 Bath
- 1313 ft2
- 0.2 ac
For Sale $349,000
Remarks:
Welcome to 5 South First Street, a move-in ready 4-bedroom, 2-bath single-story home offering versatility for investors and first-time homebuyers alike, with the potential for either short-term or long-term rental use. Located in a convenient Belmont-area setting, this property offers the opportunity to pursue multiple ownership strategies while enjoying a functional home with recent updates and desirable outdoor space. The open-concept layout creates an easy flow between the main living areas, making the home bright, inviting, and well-suited for both everyday living and entertaining. The floor plan provides flexibility for traditional tenants, short-term guests, a home office, or a growing household. For investors, the property has previously operated as a successful short-term rental and is well-positioned for continued Airbnb use or a traditional long-term rental strategy. The four-bedroom layout provides flexibility for a variety of rental approaches, while the home's location offers convenient access to local amenities and major routes. For a first-time homebuyer, the property also presents an opportunity to purchase a home that could potentially generate rental income in the future. Recent improvements include fresh interior paint, updated carpet, new front landscaping, and the addition of a fire pit, enhancing both curb appeal and outdoor enjoyment. Additional upgrades, including a replaced exterior electrical panel, Ring flood light, and EV charger, add functionality and convenience for modern living. Outside, the home features a nicely sized backyard with space to relax, entertain, or customize to your liking. The property sits on an extra-wide lot compared to many homes on the street, providing additional outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the home offers added privacy while remaining just minutes from downtown shops, restaurants, and local amenities. Enjoy walkability to nearby attractions, quick access to major highways, and an easy commute to Charlotte and the airport. The home is also located just down the street from the revitalized Chronicle Mill redevelopment, adding to the area's continued growth and appeal. For buyers looking for a turnkey opportunity, the seller is willing to consider conveying the existing furnishings with a acceptable offer. This creates the potential for an investor to step into an established short-term rental setup or for a buyer to enjoy a largely furnished home from day one. Whether you're looking to add a property to your rental portfolio, continue a successful short-term rental strategy, establish a long-term rental, or purchase your first home with future income potential, 5 South First Street offers flexibility, functionality, and a convenient location. Schedule your private showing today!
General Information:
| List Price: | $349,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1313 sqft |
| Parking: | Driveway |
| MLS Number: | CAR4359969 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Lot Description: | Level |
| Year Built: | 2005 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Page |
| Middle: | Belmont |
| High: | South Point (NC) |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 08-27-2026 | Price Decrease | $349,000-2.79% | $266 |
| 08-21-2026 | Relisted | $359,000 | $274 |
| 08-13-2026 | Under Contract | $359,000 | $274 |
| 07-20-2026 | Price Decrease | $359,000-7.71% | $274 |
| 05-22-2026 | Relisted | $389,000 | $297 |
| 04-05-2026 | Listed | $245,000 | $187 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Catawba Heights Elementary School | 2 miles | PK-05 | 4 |
| North Belmont Elementary School | 2 miles | PK-05 | 4 |
| McAdenville Elementary School | 3 miles | KG-05 | 3 |
| Berryhill School | 3 miles | PK-05 | 4 |
| New Hope Elementary School | 4 miles | KG-05 | 9 |
| Ida Rankin Elementary School | 4 miles | PK-05 | 6 |
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.
Properties For Sale Nearby
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 |
| 5 1st Street, Belmont NC | 0 mi | $349,000 | days | |
| 105 Catawba Street, Belmont NC | 0.1 mi | $315,000 | days | |
| 34 Bowen Drive, Belmont NC | 0.1 mi | $995,000 | days | |
| 121 Mcleod Avenue, Belmont NC | 0.2 mi | $549,000 | days | |
| 226 Planetree Drive, Belmont NC | 0.3 mi | $429,900 | days | |
| 240 Hawthorne Park Avenue, Belmont NC | 0.3 mi | $1,100,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28012
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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.
Property Listing Information
A Courtesy Listing Provided By EXP Realty LLC Ballantyne
5 1st Street, Belmont NC is a 1313 ft2 on a 0.240 acres Level lot. This is for $349,000. This has 4 bedrooms, 2 baths, and was built in 2005.
Based on information submitted to the MLS GRID as of 2026-05-06 10:35:56 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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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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