506 E Marion Street, Shelby, NC 28150

$600,000
10
BD
4,980
SqFt

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Listing courtesy of My Home CLT. matt@myhomeclt.net

Sold listing courtesy of Keller Williams Unified

Sold Price
$600,000
List Price
$650,000
MLS#
4305577
Status
CLOSED
Days on Market
161
Property Type
Residential Income
Distressed Property
Yes
Year Built
1951
Closing Date
Mar 04, 2026
Bedrooms
10
Full Baths
5
Lot Size
51,400
Lot Size Area
1.18
Living Area
4,980
Sq Ft Total
4980
County
Cleveland
Subdivision
No Neighborhood
Special Conditions
Subject to Lease

Property Description

Discover this beautifully renovated, turnkey investment opportunity in the heart of Shelby. This multi-unit property features five units, three of which are already leased, providing immediate income potential. Ideally located just a short drive from the vibrant downtown area, this investment gem is ready for its next owner. Renovated in 2022, the property boasts modern updates, including new wiring, HVAC systems, kitchens, appliances, and more. With all the hard work already done, this property is primed and ready for its new owner to start collecting rent. Don’t miss the chance to make this exceptional investment yours!

Additional Information

Interior Features
Attic Stairs Pulldown
Floor Coverings
Vinyl
Equipment
Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer
Foundation
Basement, Slab
Laundry Location
In Unit
Heating
Central, Forced Air, Natural Gas
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Roof
Architectural Shingle
Parking
Parking Lot
Driveway
Gravel, Paved
Lot Description
Cleared, Corner Lot, Sloped, Wooded
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
4980

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“ 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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