Discover this beautifully renovated, turnkey investment opportunity in the heart of Shelby. This multi-unit property features five units, three of which are already leased, providing immediate income potential. Ideally located just a short drive from the vibrant downtown area, this investment gem is ready for its next owner. Completely renovated in 2022, the property boasts modern updates, including new wiring, HVAC systems, kitchens, appliances, and more. With all the hard work already done, this property is primed and ready for its new owner to start collecting rent. Don’t miss the chance to make this exceptional investment yours!
Four Unit Apartment Building. Over 1,000sf of living space per apartment. Shared parking for tenants. Washer and Dryer hook ups in each unit. Low maintenance Brick exterior. Some updates in various units include new appliances, plumbing, electrical and windows. Great investment for a Landlord or Owner-Occupant looking to live in one unit and have the others pay the expenses. Low taxes.
The median home value in Shelby, NC is $156,900. This is lower than the county median home value of $157,400. The national median home value is $338,100. The average price of homes sold in Shelby, NC is $156,900. Approximately 47.76% of Shelby homes are owned, compared to 36.4% rented, while 15.84% are vacant. Shelby real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Shelby real estate agent to arrange a tour today!
Shelby, North Carolina 28150 has a population of 21,564. Shelby 28150 is less family-centric than the surrounding county with 20.06% of the households containing married families with children. The county average for households married with children is 23.12%.
The median household income in Shelby, North Carolina 28150 is $41,565. The median household income for the surrounding county is $45,646 compared to the national median of $69,021. The median age of people living in Shelby 28150 is 45.8 years.
The average high temperature in July is 89.3 degrees, with an average low temperature in January of 27.9 degrees. The average rainfall is approximately 47.4 inches per year, with 3.9 inches of snow per year.