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Lincolnton · Lincolnton, NC

1516 N Aspen Street

Lincolnton, NC · 1,034 sqft

$200,000

  • 2Beds
  • 1Baths
  • 1,034SqFt
  • 1948Year
  • 2Days on market

About this home

Calling all investors, flippers, and hands-on buyers. This 2 bed 1 bath home on .82 acre lot in Lincolnton is being sold AS-IS and needs a full renovation to become habitable. The current owner has never occupied the property and has no knowledge of its condition or history. Bring your contractor and your vision, the location is what you're buying: minutes from downtown Lincolnton, with easy access to Hwy 321 and roughly 35–40 minutes to Charlotte. Lincolnton's affordable, growing market makes this a solid candidate for a fix-and-flip or long-term rental. Property is not financeable through conventional loans in its current condition, cash, hard money, or renovation loans only. No repairs, no credits, seller will not make any improvements. Buyer and buyer's agent to verify all information. Enter at your own risk; the home is not safe for occupancy.

Property details

Beds
2
Baths
1
SqFt
1,034
Lot
Year built
1948
Type
Single Family
Days on market
2
Heating
None
Cooling
N/A
Foundation
Crawl Space

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,426/ month

Principal & interest
$1,238
Property tax (~0.78%)
$130
Homeowners insurance
$58
HOA dues

Down payment

$10,000 down · $190,000 financed

Income to qualify (28% rule)

~$61,156 / 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

About Lincolnton

Lincoln County seat

County seat half an hour north of Gastonia — historic courthouse square, growing population, and inventory under $300K.

Explore Lincolnton

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