505 Mimosa Avenue, Morganton, NC 28655
Local realty services provided by:ERA Sunburst Realty
Listed by: madeline pollard
Office: chase gray realty llc.
MLS#:4357887
Source:CH
505 Mimosa Avenue,Morganton, NC 28655
$85,000
- 2 Beds
- 1 Baths
- 1,004 sq. ft.
- Single family
- Active
Price summary
- Price:$85,000
- Price per sq. ft.:$84.66
About this home
Investor Opportunity in the Heart of Drexel! This 2-bedroom, 1-bath home offers over 1,000 square feet of living space. It is centrally located within the town of Drexel, just minutes from local shops, restaurants, and convenient access to I-40 for an easy commute to Morganton, Hickory, and surrounding areas. This property has significant potential and would be an excellent opportunity for investors, flippers, or buyers looking to renovate and add value. Inside, you'll find original hardwood floors throughout most of the home and a functional layout that makes great use of the space. The home features two fireplaces—one in the living room and another in the kitchen—both believed to be wood-burning if uncovered, offering character and charm that could really shine with the right updates. Situated on approximately 0.77 acres, the lot is mostly cleared and relatively flat, providing plenty of room for outdoor enjoyment, gardening, or future improvements. With its convenient location, spacious lot, and solid bones, this property is ready for someone with vision to bring it back to life. Don't miss the opportunity to unlock the potential this Drexel property has to offer!...
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Home facts
- Year built:1935
- Listing ID #:4357887
- Updated:March 17, 2026 at 01:19 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Electric Range, Refrigerator
- Basement:Yes
- Living area:1,004 sq. ft.
Heating and cooling
- Heating:Floor Furnace
Structure and exterior
- Year built:1935
- Building area:1,004 sq. ft.
- Lot area:0.77 Acres
- Lot Features:Cleared
- Construction Materials:Vinyl
- Foundation Description:Basement
Schools
- High school:Jimmy C Draughn
- Elementary school:Drexel
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$85,000
- Price per sq. ft.:$84.66
Features and amenities
- Laundry features:Dryer, Laundry Room, Washer
Parking
- Parking description:Driveway
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