North Carolina Gothic Revival Fixer Upper For Sale $41K
OHU50K Notes $41,000
Located on a corner 0.75 acre lot is this North Carolina Gothic Revival fixer upper. The 2,074-sf, three bedroom, one bath home is a gingerbread delight, albeit a significant project. It features a fireplace, central hall and hardwood floors. This home reminds me so much of the very first home I featured here on Old Houses Under $50K in 2016, a Gothic Revival fixer upper in Rising Sun, Indiana. I have included below the before and after photos of the Rising Sun home to show what the exterior could look like for this NC home.
Realtor Comments
Investors Special This 2074 square foot 3 bedroom, one bath home is waiting to be remodeled for that special individual or family. This property is conveniently situated on a .75 acre lot near schools, parks, and local amenities, ensuring a convenient and enjoyable lifestyle. Mt. Gilead offers a tight-knit community and a small-town charm, where neighbors become friends. Property being sold As Is All showings must be accompanied by a licensed real estate agent and listing agent must be on site due to the poor condition of the structure. Because of condition of the property, it has not been professionally measured and the square footage is based on tax records. More pictures to come.
- 2 bed
- 1 bath
- Build date 1910
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
200 S Main St, Mount Gilead, NC 27306 $41,000
- Contact Realtor: Sharon Jenkins – Lantern Realty & Development LLC
- Google Map
- Niche
Location of This North Carolina Gothic Revival Fixer Upper
Mount Gilead, North Carolina, is a small town located in Montgomery County in the south-central part of the state. It offers a blend of small-town charm, access to nature, and a tight-knit community. However, there are also challenges associated with living in a rural area. Here are the pros and cons of living in Mount Gilead:
Pros:
- Small-Town Charm:
- Mount Gilead has a relaxed, small-town feel, where residents know each other and there’s a strong sense of community. This can be ideal for those looking to escape the busy lifestyle of larger cities.
- Affordable Cost of Living:
- Housing and general living expenses in Mount Gilead are relatively low, making it an attractive option for retirees, families, or anyone looking for more affordable living conditions.
- Access to Outdoor Recreation:
- The town is close to natural attractions such as Morrow Mountain State Park and the Uwharrie National Forest, providing ample opportunities for outdoor activities like hiking, fishing, camping, and boating.
- Quiet and Peaceful Environment:
- With its rural setting and small population, Mount Gilead offers a quiet, peaceful lifestyle, perfect for those who enjoy a slower pace of life and rural living.
- Rich Historical and Cultural Heritage:
- Mount Gilead has a strong sense of history, with sites like the Town Creek Indian Mound and local museums showcasing the town’s Native American and settler history. This cultural heritage adds depth to the community.
- Proximity to Larger Cities:
- While Mount Gilead is small, it’s within driving distance of larger cities like Charlotte and Greensboro, which offer more job opportunities, entertainment, shopping, and healthcare services.
- Safe Community:
- The town is generally considered safe, with lower crime rates compared to larger urban areas. This makes it an appealing choice for families and retirees.
Cons:
- Limited Job Opportunities:
- Mount Gilead’s economy is largely based on agriculture and small businesses, so job opportunities can be limited. Many residents commute to nearby towns or cities for employment, especially in more specialized fields.
- Lack of Amenities and Services:
- Being a small town, Mount Gilead has fewer amenities such as shopping centers, restaurants, and entertainment options. For more variety, residents need to travel to nearby towns or larger cities like Albemarle or Charlotte.
- Limited Healthcare Access:
- While there are some basic healthcare services in the area, residents may have to travel to larger cities for specialized medical care or hospital services, which can be inconvenient in emergencies.
- Educational Limitations:
- While the local schools serve the community, the small-town setting may not offer the range of programs, extracurricular activities, or advanced educational opportunities available in larger school districts.
- Rural Isolation:
- Some residents may feel isolated due to the town’s rural location and the lack of social or cultural activities. While the peaceful atmosphere is a benefit for some, it may be a drawback for those who prefer a more vibrant lifestyle.
- Weather:
- Like much of North Carolina, Mount Gilead experiences hot, humid summers and mild winters. While the mild winters can be a positive, the high humidity and heat in the summer months may be uncomfortable for some.
- Limited Growth and Development:
- Mount Gilead is a small, stable town with limited growth or new development. This can mean fewer opportunities for new businesses or housing developments, and it may not appeal to those looking for a rapidly growing community.
Summary:
Mount Gilead, North Carolina, offers a peaceful, affordable lifestyle with access to nature and a rich historical backdrop. It’s a great place for those seeking a small-town atmosphere with easy access to outdoor activities. However, limited job opportunities, amenities, and healthcare access may be drawbacks for some, especially those who prefer more urban conveniences or need frequent access to larger city services.
