Investment opportunity meets location and income potential! Welcome to 541 Paragon Parkway, a charming brick ranch-style single-family homeoffering 1,712 square feet +/- of living space on a generous 0.5-acre lot. This home features 3 bedrooms, 2 full bathrooms, and a convenient half bath, all laid out in a classic, functional… Read More floor plan that’s ready for your updates or renovations. Currently leased at below market rate of $900/month with a month-to-month tenant, this property provides immediate income while offering flexibility for future use—whether you’re looking to add to your portfolio or make it your own residence. An added bonus? There’s a billboard located on the property that brings in an additional $2,200 annually—a rare find for passive income in a residential setting! The home is part of an estate sale and is being sold AS IS, giving investors or homebuyers a chance to unlock its full potential with some cosmetic updates. Whether you're planning to renovate and resell, rent at market rate, or move in and personalize it, the possibilities are wide open. Centrally located in Haywood County, this property is convenient to schools, shopping, dining, and local amenities, making it a strategic spot for long-term value. With solid bones, an income-generating asset on-site, and a prime location, this is an opportunity you don’t want to miss. Read Less
Courtesy of Better Homes and Gardens Real Estate Heritage, Thomas Mallette, 828-734-5518.
Listing Snapshot
Days Online
11
Last Updated
Property Type
Single Family Residence
Beds
3
Full Baths
2
Partial Baths
1
Square Ft.
1,712
Lot Size
0.5 Acres
Year Built
1953
MLS Number
4307982
30 Days Snapshot Of 28786
$490k
-18%
(avg) sold price
32
-20%
homes sold
68
+15%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Year Built: 1953, Finished Area Above Grade: 1712, Area: 1712, Architecture: "Ranch", Building Area: 1712, Construction Materials: "Brick Full", Construction Type: Site Built
Cooling
Details: "N/A"
Appliances & Equipment
Description: "Electric Oven", "Electric Range"
Heating
Heating: "Wood Stove", "Other - See Remarks"
Laundry
Description: "Main Level"
Lot
Size: 0.5, Size Units: Acres
Roof
Description: "Composition"
Utilities
Sewer: "Public Sewer", Water Source: "City", Utilities: "Electricity Connected"
Garage
Man Level Garage: 0
Interior Features
SqFt Lower: 0, Main SqFt: 1712, Third SqFt: 0, Heated Basement SqFt: 0, Unheated Basement SqFt: 0, UnheatedMan SqFt: 0, Unheated Third SqFt: 0, Unheated Total SqFt: 0, uUnheated Upper SqFt: 0
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