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5 S 1st St, Belmont, NC, 28012

4beds
2baths
1,313sqft
$359,000
$273price/sqft
$2,426/moest. monthly cost
$97,040/yrincome needed

About This Home

Welcome to 5 South First Street, a well-maintained 4-bedroom, 2-bath single-story home offering flexibility, functionality, and income potential in a convenient Belmont location. Whether you’re searching for a primary residence, short-term rental opportunity, or investment property, this home provides a variety of options to fit your goals. The open-concept layout creates an easy flow between the main living areas, making the home feel bright, inviting, and well-suited for both everyday living and entertaining. With four bedrooms and two full bathrooms, the floor plan offers versatility for families, guests, or potential rental configurations. Previously operated as a successful short-term rental, the property is well-positioned for continued Airbnb use or long-term rental income, while still offering a comfortable layout for owner-occupants. The setup allows for a seamless transition depending on how the next owner chooses to utilize the space. Recent improvements include fresh interior paint, updated carpet, new front landscaping, and the addition of a fire pit, enhancing both curb appeal and outdoor enjoyment. Additional upgrades such as a replaced exterior electrical panel, Ring flood light, and EV charger add functionality and convenience for modern living. Outside, the home features a nicely sized backyard with space to relax, entertain, or customize to your liking, and sits on an extra-wide lot compared to many homes on the street, providing added outdoor space and flexibility. Ideally situated at the end of a dead-end street with no through traffic, the property offers added privacy while still being just minutes from downtown Gastonia’s shops, restaurants, and local amenities. Enjoy walkability to nearby attractions, quick access to major highways, and an easy commute to Charlotte and the airport. The home is also located just down the street from the revitalized Chronicle Mill redevelopment, adding to the area’s continued growth and appeal. For added convenience, most of the existing furniture can convey with an acceptable offer, creating a largely turnkey opportunity for investors or buyers looking for a move-in-ready option. Washer and dryer can also be included. Located with easy access to local amenities, shopping, and major routes, this property combines simplicity, flexibility, and strong potential in one package. Schedule your private showing today!

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

--
J B Page Primary SchoolGrades PK-10.5 mi
5/10
Belmont Middle SchoolGrades 6-81.5 mi
9/10
South Point High SchoolGrades 9-121.4 mi

Construction

Condition

  • Year built: 2005

Materials

  • Foundation: Slab
  • Construction materials: Vinyl

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator
  • Laundry features: Inside,Laundry Closet

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 4

Dining Area

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,313

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,313
  • Total interior livable area: 1,313 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 210675
  • Zoning: R1
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.24 Acres
  • Features: Level

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado
Inland Flooding

FEMA Declared Disasters in Gaston County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,815$21,780
Home Insurance *$103$1,236
Property Taxes $308$3,696
Electricity $200$2,405
Total$2,426$29,112
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$83,177/yr
40% on housing$72,780/yr
45% on housing$64,693/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.2%
16.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$273This listing

vs Other Active Listings

Avg $/sqft

ZIP 28012$210
Gaston County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 28012$223
Gaston County$187

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$389,000
2026-04-15Contingent$389,000
2026-04-13Listed for sale$389,000
2025-11-20Listing removed$394,900
2025-10-23Listed for sale$394,900
2023-05-23Listing removed--
2023-05-09Listed for rent$1,995
2022-04-29Listing removed--
2022-04-22Price change$1,950
2022-04-09Price change$2,145
2022-03-25Listed for rent$2,295
2022-03-23Sold$320,000
2022-02-22Contingent$295,000
2022-02-17Listed for sale$295,000
2012-10-01Sold$175,000

For Sale by Agent

AgentRory Cummins
BrokerageEXP Realty LLC Ballantyne

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