Marc Zolotorofe - RE/MAX Executive
450 Washington Street
Forest City, NC 28043
$250,900 Under Contract - No Show

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.

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Basic Information
MLS#: 4374908
Price: $250,900
Square Footage: 1,020
Bedrooms: 3
Bathrooms: 1 Full, 1 Half
Acreage: 4.85
Year Built: 1983
Elementary School: Forest City-Dunbar
Middle School: East Rutherford
High School: East Rutherford
Details
Waterfront/water view: No
Parking: Attached Carport,Driveway
HVAC: Heat Pump
Exterior Features: Storage
Main level:   Bedroom(s)
Virtual Tour: Click here
Listing Courtesy Of: Howard Hanna Beverly-Hanks - tara.bayne@allentate.com

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