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Shelby · Shelby, NC

1506 S Morgan Street

Shelby, NC · 1,125 sqft

$250,000

  • 2Beds
  • 1Baths
  • 1,125SqFt
  • 1952Year
  • 2Days on market

About this home

This precious cottage is neat as a pin! So much potential on a large corner lot with possible additional building site across the street from the proposed rail trail!!! 2 bedrooms, 1 bathroom, living room, office, bathroom, eat-in kitchen, and large laundry/mudroom with work sink. Peaceful screened porch at the side entrance, and covered Trex deck off the back. Separate outbuilding with shelving and a work bench provides extra storage. Back yard behind the house is fenced. Extra large corner lot that could possibly be divided and carved off for an additional homesite! The old building on the corner is sold "As Is". New roof in 2025! A 2nd bathroom was converted into a closet, but the plumbing pipes could be accessed to return it to a bathroom if desired! Hot water heater is two years old. Nelon Cole termite bond and updated crawlspace. Propane tank is owned and will convey. Buyer to verify any info deemed important regarding specific plans for subdivision. Call TODAY!

Property details

Beds
2
Baths
1
SqFt
1,125
Lot
Year built
1952
Type
Single Family
Days on market
2
Style
Cottage, Traditional
Heating
Heat Pump, Propane, Wall Furnace
Cooling
Central Air, Heat Pump
Foundation
Crawl Space
Flooring
Bamboo, Carpet, Tile, Vinyl, Wood, Other - See Remarks

Features

  • Walk-In Closet(s)

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,808/ month

Principal & interest
$1,548
Property tax (~0.90%)
$187
Homeowners insurance
$72
HOA dues

Down payment

$12,500 down · $237,500 financed

Income to qualify (28% rule)

~$77,517 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.