NOT LISTED FOR SALE

2977 Gaston-Webbs Chapel Rd Lincolnton, NC 28092

Estimated Value: $351,120 - $355,000

8 Beds
4 Baths
3,964 Sq Ft
$89/Sq Ft Est. Value

Last Sold May 16, 2025

Last sale price $700,000 $177 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $2,234/month

53 Days on Market

Highlights

  • New Construction
  • Corner Lot
  • Walk-In Closet
  • Open Floorplan
  • Covered Patio or Porch
  • Breakfast Bar

About This Home

As of May 2025

Prime Investment Opportunity! Discover this exceptional set of brand-new, all-brick duplexes, perfectly situated on a spacious half-acre lot. These thoughtfully designed units feature modern upgrades, including durable vinyl plank flooring, sleek granite countertops, and stainless steel appliances. The open-concept living area offers ample space, abundant cabinetry, an eat-in bar, and energy-efficient LED lighting. Each unit includes two generously sized bedrooms with walk-in closets and one well-appointed bathroom. A large laundry room provides washer/dryer hookups and additional cabinet storage. At the rear, you'll find a concrete patio and a dedicated storage/mechanical room. Each unit is allocated two concrete parking spaces for added convenience. With a projected rental income of $1,350 per unit, these duplexes are expected to generate a gross monthly income of $5,400—making this an outstanding investment opportunity! Units are currently vacant.

Last Agent to Sell the Property

Grant Mosteller

Marc 1 Realty Brokerage Email: grantmosteller@gmail.com License #153500 Listed on: 02/08/2025

Co-Listed By

Nancy Mosteller

Marc 1 Realty Brokerage Email: grantmosteller@gmail.com License #207502

Last Buyer's Agent

Jenny Hoang

NorthGroup Real Estate LLC License #314103

NorthGroup Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Corner Lot
  • Cleared Lot

Home Design

  • Duplex
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,964 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Vinyl Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • Driveway
  • 8 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tryon Elementary School
  • John Chavis Middle School
  • Cherryville High School

Utilities

  • Heat Pump System
  • Shared Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Built by Crouse Construction
  • Fairfield Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, trash collection
  • Assessor Parcel Number 157813

Property Details

Home Type

Multi-Family

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Year Built: 2025
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Surface Type: Concrete, Paved
  • ResoPropertyType: ResidentialIncome
  • Geocode Confidence: Medium
  • Attribution Contact: grantmosteller@gmail.com
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Flooring: Vinyl
  • Interior Amenities: Breakfast Bar, Cable Prewire, Open Floorplan, Walk-In Closet(s)
  • Room Other: Bedroom(s),Bathroom(s),Kitchen,Dining Area,Den
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker
  • Owner Pays: None
  • Above Grade Finished Sq Ft: 3964
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Living Area: 3964
  • Building Stories: 1
  • Sq Ft Other: 120
  • Unit Type Features: Breakfast Bar,Open Floorplan
  • Unit Type Features: Breakfast Bar,Open Floorplan

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Front Porch, Patio

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking Spaces: 8
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Heat Pump
  • Utilities: Cable Available, Electricity Connected
  • Water Source: Shared Well

Condo/Co-op/Association

  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: John Chavis
  • HOA Subject To: None

Lot Info

  • Lot Features: Cleared, Corner Lot
  • Lot Size Area: 1
  • Lot Size Units: Acres
  • Parcel Number: 157813
  • Zoning: RES
  • Plat Book Slide: 045/137
  • Plat Reference Section Pages: 045/137
  • Development Status: Completed
  • Lot Size: 203F x 101LS x 214R x 201 RS
  • Additional Parcels Description: 157787
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Crouse Construction

Rental Info

  • Tenant Pays: Cable TV, Electricity, Internet, Trash Collection
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Tryon
  • High School: Cherryville

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 Sold $700,000 -6.7% $177 / Sq Ft
04/02/2025 04/02/25 Pending -- -- --
02/20/2025 02/20/25 Price Changed $750,000 -3.8% $189 / Sq Ft
02/08/2025 02/08/25 For Sale $780,000 -- $197 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4221242

Canopy MLS (Canopy Realtor® Association)