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His Way Realty
48224 Us Hwy 52 N None, Misenheimer, NC 28137
- $239,900
- 4
- BD
- 2
- BA
- 1,824
- SqFt
Listing courtesy of Real Broker, LLC. tbeddard@bedrockprop.com
- List Price
- $239,900
- MLS#
- 4433641
- Status
- ACTIVE
- Days on Market
- 0
- Property Type
- Residential
- Architectural Style
- Ranch
- Year Built
- 1955
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Lot Size
- 29,185
- Lot Size Area
- 0.67
- Living Area
- 1,824
- Sq Ft Total
- 1824
- County
- Stanly
- Subdivision
- No Neighborhood
- Special Conditions
- None
Property Description
INVESTMENT OPPORTUNITY...1/2 MILE FROM PFEIFFER UNIVERSITY! Offered at $239,900, this all-brick ranch presents a unique opportunity for investors or families with students attending Pfeiffer University. Currently configured for student housing with four individual sleeping rooms, the property is leased to four university students generating $1,500 per month in rental income. Existing leases run through May 2027, with tenants responsible for utilities and lawn maintenance. The current 10-month lease structure and affordable room rates offer potential for increased future rental income. The home features approximately 1,824 square feet, including a converted garage that provides valuable additional flex/living space and a laundry area. Other highlights include a spacious lot, large deck, 9'x12' storage building, and an approximately 3-year-old HVAC heat pump. The home retains much of its original character, has been well maintained, and offers the durability of brick construction. With its exceptional proximity to Pfeiffer University's main campus and established student rental history, this property offers an attractive opportunity for investors seeking rental income or parents considering a housing investment for their college student. Property is being sold subject to existing leases through May 2027. Virtual tour and floor plan available. Come make this yours today!
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Additional Information
- Fireplace
- Yes
- Floor Coverings
- Carpet, Tile, Vinyl, Wood
- Equipment
- Dishwasher, Electric Range, Refrigerator
- Foundation
- Crawl Space
- Main Level Rooms
- Primary Bedroom, Bedroom(s), Bedroom(s), Bedroom(s), Bathroom-Full, Bathroom-Half, Kitchen, Living Room, Dining Area, Flex Space
- Laundry Location
- Utility Room
- Heating
- Central, Heat Pump
- Water
- County Water
- Sewer
- Public Sewer
- Exterior Construction
- Brick Full
- Parking
- Driveway
- Driveway
- Gravel, Paved
- Lot Description
- Level, Wooded
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- Total Property HLA
- 1824
- Master on Main Level
- Yes
Mortgage Calculator
“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”
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