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$349,000
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Property Description
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!
Full Property Details
Full Property Details for 5 S 1st St
General
- Price: $349,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4359969
- Updated: 10/2/2026
- Added to Site: 176 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms Main & Up: 4
Other Rooms
- Laundry: Inside, Laundry Closet
Parking
- Parking Features: Driveway
Location
- County: Gaston
School Information
- Elementary School: Page
- Middle School: Belmont
- High School: South Point (NC)
Heating & Cooling
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl
- Main/1st Level: 1,313 Sq. Ft.
- Year Built: 2005
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Level
Financial Considerations
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Property ID: 210675
- Lot Number: 5322-476
Listed by EXP Realty LLC Ballantyne
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Schools
Schools serving 5 S 1st St
School District:Gaston County Schools
| Name | Grades | Distance |
|---|---|---|
J B Page Primary School 215 Ewing Drive, Belmont, NC 28012 | PK-5 | 0.5 mi |
Belmont Central Elementary School 310 Eagle Road, Belmont, NC 28012 | PK-5 | 1 mi |
Belmont Middle School 1020 South Point Road, Belmont, NC 28012 | 6-8 | 1.5 mi |
South Point High School 906 South Point Road, Belmont, NC 28012 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5 S 1st St
Date
Details
Price
Change
Source
8/27/2026
Price Reduced
$349,000
-2.79%
MLS
7/09/2026
Price Reduced
$359,000
-7.71%
MLS
4/13/2026
Listed
$389,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5 S 1st St
5 S 1st Street, Belmont, NC 28012 (MLS# 4359969) is a Single Family property with 4 bedrooms and 2 full bathrooms. 5 S 1st Street is currently listed for $349,000 and was received on April 13, 2026. Want to learn more about 5 S 1st Street? Do you have questions about finding other Single Family real estate for sale in Belmont? You can browse all Belmont real estate or contact a Coldwell Banker agent to request more information.

