

$85,000
Est. Payment: $437/mo
Adjust down payment, rate & terms
505 Mimosa Ave, Morganton, NC 28655
Morganton, NC 28655
2
bedrooms
1
baths
1,004
sq.ft.
$85
price per sf

Presented By
Carnarri Cofield
REALTOR®
About This Property
Investor Opportunity in the Heart of Drexel! This 2-bedroom, 1-bath home offers over 1,000 square feet of living space. It is centrally located within the town of Drexel, just minutes from local shops, restaurants, and convenient access to I-40 for an easy commute to Morganton, Hickory, and surrounding areas. This property has significant potential and would be an excellent opportunity for investors, flippers, or buyers looking to renovate and add value. Inside, you'll find original hardwood floors throughout most of the home and a functional layout that makes great use of the space. The home features two fireplaces—one in the living room and another in the kitchen—both believed to be wood-burning if uncovered, offering character and charm that could really shine with the right updates. Situated on approximately 0.77 acres, the lot is mostly cleared and relatively flat, providing plenty of room for outdoor enjoyment, gardening, or future improvements. With its convenient location, spacious lot, and solid bones, this property is ready for someone with vision to bring it back to life. Don't miss the opportunity to unlock the potential this Drexel property has to offer!
About the Neighborhood
Looking for the perfect Residential in Morganton? The 28655 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 1
- Half Baths: 0
- Year Built: 1935
- Living Area: 1,004 sqft
- New Construction: No
- MLS #: 4357887
Additional Home Features
- Subdivision: none
- Neighborhood: none
Association
- HOA Required: No
Interior Features
- Heating: Floor Furnace, Other - See Remarks
- Cooling: Window Unit(s)
- Laundry Room
Appliances
- Dryer
- Electric Range
- Refrigerator
- Washer
Construction Materials
- Vinyl
- Foundation: Basement
- Roof: Architectural Shingle
Cooling
- Window Unit(s)
Foundation Details
- Basement
Heating
- Floor Furnace
- Other - See Remarks
Laundry Features
- Laundry Room
Levels
- One
Parking Features
- Driveway
Exterior Features
- Patio/Porch: Front Porch
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Flooring
- Carpet
- Tile
- Wood
Fireplace
- Fireplace: Yes
- Living Room
- Wood Burning
Tax and Financial Info
- Listing Terms: Cash
Location
LISTING COURTESY OF: CHASE GRAY REALTY LLC
madelinepollardrealestate@gmail.com
$85,000
Est. Payment: $437/mo
Adjust down payment, rate & terms
Morganton, NC 28655
2
bedrooms
1
baths
1,004
sq.ft.
$85
price per sf

Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Chase Gray Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.

$85,000
505 Mimosa Avenue
2 bed, 1 bath
