1006 Gum Street, Shelby, NC 28150
None · Cleveland County
Key Facts
Description
Prime Investment Opportunity | Tenant-Occupied Turnkey Gem Calling all investors! Looking for a seamless investment with immediate cash flow? This 3-bedroom, 2-bathroom home offers a "plug-and-play" opportunity for the savvy investor. Currently tenant-occupied, this property allows you to skip the renovation headaches and vacancy periods, earning rental income from day one. Situated in a high-demand pocket of Shelby, this home is minutes away from Downtown and has quick access to local highways. Property Highlights Spacious Layout: A versatile 3BR/2BA floor plan that appeals to a wide range of renters. Proven Track Record: Reliable income stream with a tenant already in place. Low Maintenance: Positioned as a sturdy, long-term hold in a growing market. Investor Note: Properties in this price point and proximity to the city center are moving fast. Capitalize on the growth of Shelby and secure your next asset today.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1952
Living Area
720 sq ft
Zoning
R6
Days on Market
53
MLS® Listing#
4370849
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$81,982
Parcel Number
19919
Affordability Calculator
$29,980
Estimated monthly payment
$798/mo
Principal $119,920 · Est. interest $167,299 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Shelby, NC
- $302,198
- Median Listing Price
- 74
- Median Days on Market
- 1,599
- Median Sq Ft
- $170
- Median Price / Sq Ft
- 276
- Active Listings
- This home’s price is 50% below the area median.
- Its price per sq ft is 22% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Shelby, NC.
Location
Points of Interest in Shelby, NC
Showing the Shelby area map.
Nearby Schools
Jefferson Elementary
Elementary · 0.7 mi away
Berryland Club House
School · 1.1 mi away
North Shelby School
School · 1.1 mi away
Cleveland County Schools
School · 1.3 mi away
Shelby School of Esthetics
School · 1.3 mi away
Shelby High School
Secondary · 1.7 mi away
Elizabeth Elementary
Elementary · 2.0 mi away
Higher Learning Child Care Academy
School · 2.1 mi away
Shelby Middle School
Secondary · 2.3 mi away
James Love Elementary
Elementary · 3.2 mi away
North Shelby School
School · 3.3 mi away
Pinnacle Classical Academy
School · 3.4 mi away
Crest High School
Secondary · 5.1 mi away
Township Three Elementary
Elementary · 5.5 mi away
Cleveland County Schools
Secondary · 5.6 mi away
Washington Elementary
Elementary · 6.3 mi away
Bethware Elementary
Elementary · 7.0 mi away
Springmore Elementary
Elementary · 8.2 mi away
Union Elementary School
Elementary · 8.4 mi away
Boiling Springs Elementary
Elementary · 8.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 111 Rural Lane, Shelby, NC | $110,000 | 3 | 2 | 1,080 |
| 2412 Daves Drive, Shelby, NC | $112,000 | 2 | 1 | — |
| 634 Hillcrest Drive 6, Shelby, NC | $124,000 | 2 | 1 | 723 |
| 718 Live Oak Street, Shelby, NC | $127,000 | 3 | 2 | 1,591 |
| 703 Buffalo Street, Shelby, NC | $137,499 | 3 | 2 | 1,270 |
| 217 Broad Street, Shelby, NC | $137,900 | 2 | 1 | 1,235 |
Moving Cost Estimate
EXIT Agents in Shelby
Listing Courtesy: Carolina Alpine Real Estate LLC - russell@carolina-re.com
Last Updated: 2026-04-17
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