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Terri Bias

Operator/Brokerage Owner | Terri Bias and Associates | PLACE

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5 S 1st St , Belmont, NC 28012
$349,000
Est. Payment: $1,964.07/mo
4 Bed
2 Bath
1313 Sqft
0.24 Acres
Status: active | Days on site: 127
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372906 - 23247
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Terri Bias
Operator/Brokerage Owner

House Description

Welcome to 5 South First Street, a move-in ready 4-bedroom, 2-bath single-story home offering versatility for investors and first-time homebuyers alike, with the potential for either short-term or long-term rental use. Located in a convenient Belmont-area setting, this property offers the opportunity to pursue multiple ownership strategies while enjoying a functional home with recent updates and desirable outdoor space. The open-concept layout creates an easy flow between the main living areas, making the home bright, inviting, and well-suited for both everyday living and entertaining. The floor plan provides flexibility for traditional tenants, short-term guests, a home office, or a growing household. For investors, the property has previously operated as a successful short-term rental and is well-positioned for continued Airbnb use or a traditional long-term rental strategy. The four-bedroom layout provides flexibility for a variety of rental approaches, while the home's location offers convenient access to local amenities and major routes. For a first-time homebuyer, the property also presents an opportunity to purchase a home that could potentially generate rental income in the future. Recent improvements include fresh interior paint, updated carpet, new front landscaping, and the addition of a fire pit, enhancing both curb appeal and outdoor enjoyment. Additional upgrades, including a replaced exterior electrical panel, Ring flood light, and EV charger, add functionality and convenience for modern living. Outside, the home features a nicely sized backyard with space to relax, entertain, or customize to your liking. The property sits on an extra-wide lot compared to many homes on the street, providing additional outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the home offers added privacy while remaining just minutes from downtown shops, restaurants, and local amenities. Enjoy walkability to nearby attractions, quick access to major highways, and an easy commute to Charlotte and the airport. The home is also located just down the street from the revitalized Chronicle Mill redevelopment, adding to the area's continued growth and appeal. For buyers looking for a turnkey opportunity, the seller is willing to consider conveying the existing furnishings with a acceptable offer. This creates the potential for an investor to step into an established short-term rental setup or for a buyer to enjoy a largely furnished home from day one. Whether you're looking to add a property to your rental portfolio, continue a successful short-term rental strategy, establish a long-term rental, or purchase your first home with future income potential, 5 South First Street offers flexibility, functionality, and a convenient location. Schedule your private showing today!

Highlights

Listed by Rory Cummins , 704-622-4865 EXP Realty LLC Ballantyne , 704-248-8230. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.24

Year Built

2005

County

Gaston

Neighborhood

None

Listing ID

4359969

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Dishwasher, Electric Range, Microwave, Refrigerator
Air Cond:Central Air,Electric
Fireplaces:
Above Ground Sq Ft:1313
Other:
  • ▪ Additional:Master on Main
Water:City

Exterior Features

Lot:Level
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$1,964
Taxes
$222

Home Price

$349,000

Loan Details

30 yrs
7.562%

Down Payment

20%
$69,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,964.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,964.07 $222.49 $0.00 $2,186.56
Yearly $23,568.89 $2,669.85 $0.00 $26,238.74
Total $707,066.60 $80,095.50 $0.00 $787,162.10

Today's Rates

30 Year

7.56%

20 Year

6.86%

15 Year

6.75%

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Market insight data is pulled from the same city as the listing being viewed (Belmont, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MLS GRID as of the date listed below. 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. Properties may or may not be listed by the office/agent presenting the information.
The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Terri Bias and Associates | PLACE nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-10-09T07:32:06.000Z

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