Belmont · Belmont, NC
225 Ferstl Avenue
Belmont, NC · 1,920 sqft
$330,000
- 4Beds
- 2.5Baths
- 1,920SqFt
- 1954Year
- 2Days on market
About this home
Opportunity awaits in this spacious 1,920 sq. ft. home in desirable Belmont! Conveniently located just minutes from the highway and adjacent to brand-new medical offices and the YMCA, this property offers excellent accessibility and long-term potential.
The main level features 3 bedrooms and 2 full bathrooms, plus an office located in the basement that is currently being used by the tenant as a bedroom, providing additional flexible living space. The home offers a functional layout and solid bones but is in need of cosmetic updates throughout, making it an excellent opportunity for investors, renovators, or buyers looking to add value.
Major improvements include a new roof installed in 2025. The HVAC system was installed in 2011 and is reported to be operating well.
Investors are welcome—the current tenant would like to remain in the home and is paying $1,900 per month on a month-to-month lease, offering immediate rental income potential.
Please note: The property is tenant occupied. All showings must be scheduled in advance and confirmed prior to access.
Home is being sold as-is.
Property details
- Beds
- 4
- Baths
- 2.5
- SqFt
- 1,920
- Lot
- —
- Year built
- 1954
- Type
- Single Family
- Days on market
- 2
- Garage
- 1
- Heating
- Central, Heat Pump, Natural Gas
- Cooling
- Central Air, Electric
- Foundation
- Basement, Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$2,373/ month
- Principal & interest
- $2,043
- Property tax (~0.85%)
- $233
- Homeowners insurance
- $96
- HOA dues
- —
Down payment
$16,500 down · $313,500 financed
Income to qualify (28% rule)
~$101,733 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.
