$1,692,000
For Sale

1410 Morgan Street S

Shelby, NC 28150
Browse 3 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

Opportunity to develop a residential neighborhood in rapidly growing Shelby, NC in Cleveland County! +/- 10.2 acres. City of Shelby Water and Sewer available. Zoning is CPD (Corridor Protection District). Single Family, duplexes and multi-family housing are allowed. Density requirements are 6,000 sf per unit for single family homes and 6,000 sf per unit for duplexes. For multi-family housing, the density requirements are 8,000 sf for the first unit and then 2,000 sf for each additional apartment, 2,500 sf for each additional townhouse, and 3,000 sf for each additional condo. Preliminary site plans have been submitted for this area, but nothing has been officially submitted or approved. .9 miles from Shelby High School, .5 from Shelby Middle School and just off Hwy 74 allows convenience to all retailers, restaurants and the Shelby Mall. All info to be confirmed by buyer/buyer's agent/buyer's counsel.

  • Property Details
      • Acres10.2
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Sewer InformationPublic Sewer
      • Utility SourceCity
  • Community and Neighborhood Details
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • CountyCleveland
  • Financial Details
      • Original List Price$1,692,000
      • Days on Market (Cumulative)195
      • Buying Agency Compensation2
  • Other
      • MLS #3927928

Location

Bradley Pace | Keller Williams ProfessionalsReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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