Date
Details
Price
Change
Source
8/20/2025
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/34
$1,800,000 Sale Pending
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Property Description
12 All brick buildings with 23 apartment units, approximately 21,900 heated square feet, on 8 acres, zoned Highway Business, average yearly operating income $212,676, average yearly expenses $102,452.58, average net income $110,223. 16 of the 23 units have been renovated with heat pumps, replacement windows, LVP flooring, paint, & fixtures. There's room to build additional buildings & units if desired. Property is serviced by public water supply & on site private sewer treatment system. Great location right on Highway 52 just outside Phifer University & near Hwy 49 with quick commute to Kannapolis, Concord, & Charlotte NC.
Full Property Details
Full Property Details for 48708 Hwy 52 Hwy
General
- Price: $1,800,000
- Status: Pending
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4293668
- Updated: 12/29/2025
- Added to Site: 151 day(s) ago
Interior
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 24
- Full Bathrooms: 24
Bedrooms
- Total Bedrooms: 37
Other Rooms
- Laundry: In Unit
Parking
- Parking Features: Parking Lot, Parking Space(s)
Location
- County: Stanly
Community
- Pets Allowed: Yes
- Pets: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Heat Pump
Utilities
- Sewer: Private Sewer
- Water: City
- Utility Description: Electricity Connected, Underground Utilities
Structural Information
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Architectural Shingle
- Square Feet: 21,900
- Year Built: 1969
Lot Features
- Street/Road Desc.: Asphalt, Gravel, Paved
- Lot Features: Cleared, Level
Financial Considerations
- Terms: Cash, Conventional, Owner Financing
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 6613-03-44-8640
- Lot Number: 1812-1068
Listed by Wallace Realty
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Listing agent
— 48708 Hwy 52 Hwy —
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Schools
Schools serving 48708 Hwy 52 Hwy
School District:Stanly County Schools
| Name | Grades | Distance |
|---|---|---|
Richfield Elementary School 120 Morgan Street, Richfield, NC 28137 | K-5 | 2.5 mi |
North Stanly Middle 36605 Old Salisbury Road, New London, NC 28127 | 6-8 | 6.2 mi |
North Stanly High School 40206 U.S. 52, New London, NC 28127 | 9-12 | 6.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 48708 Hwy 52 Hwy
Estimate the Cost
Estimate the Cost for 48708 Hwy 52 Hwy
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48708 Highway 52 Highway, Richfield, NC 28137 (MLS# 4293668) is a Single Family property with 37 bedrooms and 24 full bathrooms. 48708 Highway 52 Highway is currently listed for $1,800,000 and was received on August 20, 2025. Want to learn more about 48708 Highway 52 Highway? Do you have questions about finding other Single Family real estate for sale in Richfield? You can browse all Richfield real estate or contact a Coldwell Banker agent to request more information.