$349,000

About this home

Welcome to 5 South First Street, a move-in ready 4-bedroom, 2-bath single-story home offering versatility for investors and first-time homebuyers alike, with the potential for either short-term or long-term rental use. Located in a convenient Belmont-area setting, this property offers the opportunity to pursue multiple ownership strategies while enjoying a functional home with recent updates and desirable outdoor space. The open-concept layout creates an easy flow between the main living areas, making the home bright, inviting, and well-suited for both everyday living and entertaining. The floor plan provides flexibility for traditional tenants, short-term guests, a home office, or a growing household. For investors, the property has previously operated as a successful short-term rental and is well-positioned for continued Airbnb use or a traditional long-term rental strategy. The four-bedroom layout provides flexibility for a variety of rental approaches, while the home's location offers convenient access to local amenities and major routes. For a first-time homebuyer, the property also presents an opportunity to purchase a home that could potentially generate rental income in the future. Recent improvements include fresh interior paint, updated carpet, new front landscaping, and the addition of a fire pit, enhancing both curb appeal and outdoor enjoyment. Additional upgrades, including a replaced exterior electrical panel, Ring flood light, and EV charger, add functionality and convenience for modern living. Outside, the home features a nicely sized backyard with space to relax, entertain, or customize to your liking. The property sits on an extra-wide lot compared to many homes on the street, providing additional outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the home offers added privacy while remaining just minutes from downtown shops, restaurants, and local amenities. Enjoy walkability to nearby attractions, quick access to major highways, and an easy commute to Charlotte and the airport. The home is also located just down the street from the revitalized Chronicle Mill redevelopment, adding to the area's continued growth and appeal. For buyers looking for a turnkey opportunity, the seller is willing to consider conveying the existing furnishings with a acceptable offer. This creates the potential for an investor to step into an established short-term rental setup or for a buyer to enjoy a largely furnished home from day one. Whether you're looking to add a property to your rental portfolio, continue a successful short-term rental strategy, establish a long-term rental, or purchase your first home with future income potential, 5 South First Street offers flexibility, functionality, and a convenient location. Schedule your private showing today!

Property details

MLS

Canopy MLS

MLS #

CAR4359969

Property type

Single Family Residence

Subdivision

None

Status

Active

Days on market

148

On market date

April 13, 2026

Stories

N/A

Total bathrooms

2

Garage spaces

N/A

Parking spaces

N/A

Lot size

N/A

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.