119 S 4Th St Smithfield NC 27577 MLS 10042893

$399,900

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Home Description: 119 S 4Th St

Introducing an exceptional residence, this historic home from the 19th century boasts 4 bedrooms and 3 baths. Originally constructed in 1850, it stands proudly on its original foundation and holds the distinction of being the second-oldest house in Smithfield. Notably, it has been home to two former mayors of Smithfield. The property encompasses a generous 0.43 acres, offering expansive front and back yards that are perfect for hosting gatherings. This colonial-style property has been expertly remodeled to preserve its original architectural charm while enhancing its individuality. The home showcases a blend of traditional characteristics and contemporary updates. Luxurious vinyl flooring, warm color schemes, new lighting fixtures, and exquisite interior design elements seamlessly combine to create a timeless ambiance. This house has a separate in-law suite on the main level, complete with its own bathroom in addition to master bedroom. The kitchen has been extended and thoughtfully designed, featuring soft-close cabinets, SS appliances, quartz CT, and an inviting island. The property is tenanted and the tenant pays $2200 per month with a Cap Rate of only 5.94%. This is a landlord's dream home. In addition, this property is also zoned I/O for office space that can be converted easily. Located right adjacent to the Townhall of Smithfield and in the heart of downtown, this makes a great location for office. With almost half of an acre land, both front and backyards can be converted to extensive parking spaces. Please note that the photos were taken with staging items prior to the property being rented.