Rare opportunity in the heart of Salisbury! This versatile property features four distinct living spaces, offering immediate cash flow with significant value-add potential. Originally constructed as a single-family residence, it has been reconfigured to accommodate a large multigenerational family, a thriving rental portfolio, or a live-work setup. Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area. Two Efficiency Studio Units: Each offers a 1BR/1BA setup with a convenient kitchenetteperfect for traveling nurses, short-term rentals, or quiet professional office suites. Expansion Potential: The walk-out basement features full-sized windows and private exterior doors, ready to be finished into a 5th income-producing unit. Whether you want to house-hack, host a multi-generational family, or maximize your rental yield, this property offers incredible flexibility. Bring your vision and explore the massive potential!
| MLS # | 4377308 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1953 |
| Days On Site | 125 |
| Listing Provided By | Freedom Living Realty | Maia J Smith |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 2,935 |
| Basement | Y |
| Story(s) | 1 |
| Units | 4 |
| Acreage | 0.39 |
| Cooling | Central Air |
|---|---|
| Heating | Heat Pump |
| Appliances | Electric Range, Electric Water Heater, Microwave |
| Exterior Features | Fire Pit, Storage |
|---|---|
| Roof | Composition |
| Construction Materials | Brick Full, Vinyl |
| Foundation Details | Basement |
| Lot Features | Corner Lot |
| Garage Yes / No | No |
|---|---|
| Parking Features | Circular Driveway, Driveway, Parking Space(s) |
| List Aor | Central Carolina Association of Realtors |
|---|
| Property | 371558 |
|---|
| State | NC |
|---|---|
| County | Rowan |
| City | Salisbury |
| Zip Code | 28144 |
| Area | Rowan |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28144) | |
Price: $490,000 low | high Med: $270,000 sqft: 2,935 low | high Med: 1,267 $ / sqft: $167 low | high Med: $214 On site: 125 low | high Med: 107.5 | |
| State | NC |
|---|---|
| County | Rowan |
| City | Salisbury |
| Zip Code | 28144 |
| Area | Rowan |
| School District | Unspecified |
| Elementary School | Unspecified |
| High School | Unspecified |
| Listing VS Median (in 28144) | |
Price: $490,000 low | high Med: $270,000 sqft: 2,935 low | high Med: 1,267 $ / sqft: $167 low | high Med: $214 On site: 125 low | high Med: 107.5 | |