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Active

108 S Main Street

Wingate, NC 28174

Active 2 days on market Listing ID CAR 308772489

$469,000

Est. $2,696/mo — See my rate

$168/Sq Ft

7 bd · 3 ba · 2,792 sqft · $168/sqft

7 Beds
3 Baths
2,792 Sq Ft
$168/Sq Ft
1914 Built
.95 acres Single Family Residence Listed Jul 25, 2026 Updated Jul 27, 2026 HOA None

About This Home

Exceptional Investment Opportunity Near Wingate University! Located just steps from the campus, this well-maintained property offers an outstanding opportunity for investors seeking immediate and future income potential. Currently configured and operated as student housing, the home features over 2,500 square feet with seven private bedrooms, including one bedroom with a private en-suite bath, a spacious shared kitchen, central community laundry room, welcoming foyer, and two additional shared full bathrooms.

Situated on approximately 0.95 acres, the property also offers a large private parking lot for residents and a detached garage used exclusively for owner storage.

Since purchasing the property in 2019, the current owners have completed numerous major capital improvements, including a new roof, plumbing upgrades, all new windows, new HVAC equipment, and a fully functional, code-compliant commercial fire sprinkler system.

The property is currently approved for commercial use (buyers should verify current zoning and permitted uses with the Town of Wingate, as zoning confirmation is pending). Only one bedroom is currently occupied, as ownership has elected to stop leasing additional rooms in preparation for the sale. This provides the new owner with the opportunity to establish their own leasing strategy, tenant selection, and rental rates while filling the remaining vacancies at their own pace.

With its established history as student housing, ample on-site parking, significant recent improvements, and prime location just minutes from Wingate University, this is a rare opportunity to acquire a unique investment property with substantial upside potential.

Property history

  1. Jul 25, 2026
    Listed for sale $469,000 Active
    2 days on market
  2. Dec 11, 2019
    Sold $210,000 Closed
    Listed $295,000 · Apr 2, 2019 253 days on market
    Previously sold for $210,000
  3. Apr 2, 2019
    Price reduced $295,000 Closed
    Was $350,000
  4. Apr 2, 2019
    Previously listed $295,000 Closed

Property Details

Interior Details

Heating
  • Heat Pump
  • Natural Gas
Sqftmain
2028
Roomcount
1
Sqftlower
0
Sqftthird
0
Sqftupper
764
Bedroommain
4
Bedroomupper
3
Fullbathmain
2
Halfbathmain
0
Fullbathupper
1
Halfbathupper
0
Half Bathrooms
0
Total Bathrooms
3
Laundry Features
  • Common Area
  • Utility Room
Sqftunheatedmain
0
Mainlevelgarageyn
0
Security Features
  • Carbon Monoxide Detector(s)
  • Fire Sprinkler System
  • Smoke Detector(s)
Sqftunheatedtotal
0
Sqftunheatedupper
0
Fireplace Features
  • Non-Functional
Sqfttotalpropertyhla
2792
Sqftsecondlivingquartershla
0

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
2792
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Parking Lot
  • Parking Space(s)

Exterior Features

Construction Materials
  • Hardboard Siding
Patio And Porch Features
  • Wrap Around

Lot And Land

Lot Features
  • Corner Lot
Lot Size Acres
0.95
Lot Size Units
Acres
Other Structures
  • Outbuilding

Basement And Foundation

Foundation Details
  • Crawl Space

Utilities

Sewer
  • Public Sewer
Utilities
  • Cable Connected
  • Electricity Connected
  • Natural Gas
Water Source
  • City

Financial Information

Citytaxespaidto
Wingate

Zoning And Restrictions

Zoningspecification
B1

Listed by Eric Storey (704-221-6506) · Blue Collar Realty LLC (704-221-6506)

Location

Address
108 S Main Street
City
Wingate, NC 28174
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Schools

Elementary
Unspecified
Middle
Unspecified
High
Unspecified

School assignments may change. Contact the school district to confirm.

Canopy MLS

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