For Sale $389,000
Welcome to 5 South First Street, a well-maintained 4-bedroom, 2-bath single-story home offering flexibility, functionality, and income potential in a convenient Belmont location. Whether you’re searching for a primary residence, short-term rental opportunity, or investment property, this home provides a variety of options to fit your goals. The open-concept layout creates an easy flow between the main living areas, making the home feel bright, inviting, and well-suited for both everyday living and entertaining. With four bedrooms and two full bathrooms, the floor plan offers versatility for families, guests, or potential rental configurations. Previously operated as a successful short-term rental, the property is well-positioned for continued Airbnb use or long-term rental income, while still offering a comfortable layout for owner-occupants. The setup allows for a seamless transition depending on how the next owner chooses to utilize the space. 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 such as 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, and sits on an extra-wide lot compared to many homes on the street, providing added outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the property offers added privacy while still being just minutes from downtown Gastonia’s 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 added convenience, most of the existing furniture can convey with an acceptable offer, creating a largely turnkey opportunity for investors or buyers looking for a move-in-ready option. Washer and dryer can also be included. Located with easy access to local amenities, shopping, and major routes, this property combines simplicity, flexibility, and strong potential in one package. Schedule your private showing today!
| List Price: | $389,000 |
| 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 |
| Elementary: | Page |
| Middle: | Belmont |
| High: | South Point (NC) |
| Date | Event | Price | $/SQFT |
| 04-05-2026 | Listed | $245,000 | $187 |
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.
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 | $389,000 | days | |
| 105 Catawba Street, Belmont NC | 0.1 mi | $315,000 | days | |
| 115 Prince Street, Belmont NC | 0.4 mi | $894,000 | days | |
| 589 Catawba Street, Belmont NC | 0.4 mi | $559,000 | days | |
| 127 Main Street, Belmont NC | 0.4 mi | $1,900,000 | days | |
| 135 Parkdale Drive, Belmont NC | 0.4 mi | $800,000 | 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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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 EXP Realty LLC Ballantyne
5 1st Street, Belmont NC is a 1313 ft2 on a 0.240 acres Level lot. This is for $389,000. 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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