160 & 164 Arlington Street, Forest City, NC 28043

$245,000
8
BD
5
BA

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Listing courtesy of Keller Williams Lake Norman. SammiSmith@kw.com

List Price
$245,000
Price Change
▼ $30,000 1782151250
Status
ACTIVE UNDER CONTRACT
MLS#
4381602
Bedrooms
8
Bathrooms
5
Full-baths
5
Lot Size
13,503
Subdivision
Biltmore
Neighborhood
Biltmore
Year Built
1947
Acres
0.31

Property Description

PRICE IMPROVEMENT!! Two Home, one great price! Step into a piece of Forest City history at 160/164 Arlington Street, where timeless character and endless opportunity come together on one remarkable property. Nestled beneath mature trees in an established neighborhood, this unique estate offers the chance to restore and reimagine a property filled with charm, character, and income producing potential. The main residence is rich with the craftsmanship and architectural details of a historic era and is ready for renovation to bring its full beauty back to life. Original features and historic charm provide the perfect foundation for investors, renovators, or visionaries seeking to create something truly special. With thoughtful restoration, this property could become a stunning private estate, a boutique bed and breakfast, an elegant event retreat, or a nostalgic short term rental destination full of warmth and storybook appeal. Adding even more value and flexibility is the impressive three car garage, workshop, and private two bedroom additional dwelling unit above. Currently operating as a successful income producing Airbnb, this separate living space already offers built in revenue potential while the main residence is restored or reimagined. Ideal for guest accommodations, an in law suite, owners quarters for a bed and breakfast, or continued short or long term rental income, the possibilities are endless. The workshop and garage space also provide room for hobbies, storage, business use, or future customization. Whether envisioned as a profitable income producing property, a multi generational family compound, a charming bed and breakfast with private owners guest house, or a beautifully restored historic estate, the possibilities at Arlington Street are truly endless. This is more than just real estate. It is an opportunity to breathe new life into a historic property while creating lasting value in one of Western North Carolina’s growing communities. Investors, dreamers, and entrepreneurs alike will immediately recognize the rare potential waiting to be unlocked at 160 & 164 Arlington Street.

Additional Information

Style
Traditional
Foundation
Basement, Other - See Remarks
Exterior Finish
Vinyl, Wood
Elementary School
Forest City-Dunbar
Middle School
East Rutherford
High School
East Rutherford
Parking
Driveway, Attached Garage, Detached Garage, Garage Door Opener, Garage Faces Front, Garage Shop
Special Conditions
None
Garage Spaces
2
Lot Description
Cleared, Level
Water
City
Basement
Yes
Construction
Site Built
Fireplace
Yes
Roof
Composition, Metal
Heating
Baseboard, Forced Air, Heat Pump, Natural Gas

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