450 Washington Street, Forest City, NC 28043

$250,900
3
BD
2
BA
1,020
SqFt

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Listing courtesy of Howard Hanna Beverly-Hanks. tara.bayne@allentate.com

List Price
$250,900
MLS#
4374908
Status
ACTIVE
Days on Market
147
Property Type
Residential
Architectural Style
Traditional
Year Built
1983
Price Change
▼ $24,000 1788280093
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Lot Size
211,265
Lot Size Area
4.85
Living Area
1,020
Sq Ft Total
1020
County
Rutherford
Subdivision
No Neighborhood
Special Conditions
None

Property Description

Investor and development opportunity in Forest City! This offering includes an existing 3-bedroom, 1.5-bath home on 1.06 acres plus an adjoining 3.79-acre parcel, totaling approximately 4.85 acres. Renovate the existing home for rental income while exploring the additional acreage for future residential development. Zoned R-8 Residential, with potential for additional homesites, subdivision, or duplex development, subject to required evaluations and approvals. The property offers city water, an existing septic system, road frontage, open areas, wooded privacy, established paths, a cleared entrance, and a natural flowing creek. Conveniently located just minutes from downtown Forest City, this is a compelling opportunity for builders, developers, and investors seeking an income-producing property with room for future growth. Buyer to verify development capacity, and all proposed uses with the appropriate agencies.

Additional Information

Community Features
None
Floor Coverings
Carpet, Laminate, Linoleum
Equipment
Oven, Refrigerator
Foundation
Crawl Space
Main Level Rooms
Kitchen, Living Room, Primary Bedroom, Bedroom(s), Bedroom(s)
Laundry Location
Laundry Closet
Heating
Heat Pump
Water
City
Sewer
Septic Installed
Exterior Features
Storage
Exterior Construction
Hardboard Siding
Roof
Composition
Parking
Attached Carport, Driveway
Driveway
Concrete
Lot Description
Cleared, Flood Fringe Area, Green Area, Level, Private, Creek/Stream, Wooded, Other - See Remarks
Elementary School
Forest City-Dunbar
Middle School
East Rutherford
High School
East Rutherford
Zoning
R8
Total Property HLA
1020
Master on Main Level
Yes

Mortgage Calculator

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Calculator source: Real Geeks

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