(Salisbury, NC) 💸Turn $165K into $30K Profit: Historic Home in Salisbury 🏰

Rowan County, Salisbury, NC, 28144
Sold
Listed at: January 10th, 2024
Price
$165,000
Sq. Footage
1898
Type
Single-Family
Parking
Detached Garage
Year build
1908
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

💸Turn $165K into $30K Profit: Historic Home in Salisbury 🏰


Welcome to Salisbury, NC! We have a timeless 1908 built residence infused with character and modern conveniences. Priced just right, this 3-bedroom, 2-bathroom gem offers a unique blend of historic charm and contemporary comforts, making it an ideal investment opportunity for real estate investors or conventional buyers. This property not only offers a comfortable living space but also presents an excellent investment opportunity in a prime location. With recent upgrades and proximity to key amenities, its ready to become a standout addition to your investment portfolio.


Property Overview:

Year Built: 1908

Square Footage: 1898 sqft

Bedrooms/Bathrooms: 3bd/2ba

Garage: 1 Car


Property Details:

Central AC is 10 years old

Roof: Brand New (3 months old)

Heating: Electric Air (Downstairs), Furnace (Upstairs - 3 years old)

Must update ductwork

Siding: Vinyl

Foundation: Crawlspace

Appliances: Seller leaving appliances (Not Washer & Dryer)

Hardwood Flooring Throughout

Painted in 2020


Layout and Features:

Upstairs: 3 bedrooms, 1 bathroom, bonus room

Downstairs: 1 bathroom, kitchen, laundry room

Hardwood flooring and vintage touches maintain the home's original charm.

Central AC for downstairs; upstairs features a newer furnace.


Location Highlights:

  • High school is conveniently located across the street.
  • Downtown Access: Only 3 minutes to downtown Salisbury for shopping, dining, and entertainment.
  • Medical Facilities: Close to Novant Health Carolina Women's Health Hospital and Salisbury VA Medical Center.
  • Recreation: Just 3 streets away from Salisbury City Park and near the Country Club of Salisbury.
  • Convenient Amenities: Cafes, restaurants, and schools are within easy reach.


PHOTO LINK

ASKING PRICE: $165,000

ARV: $220K

Preferred Lender


COMPS

1210 N Main St, Salisbury, NC 28144 - SOLD $244K

3bd/2ba - 2,009 sqft

1228 N Main St, Salisbury, NC 28144 - FOR SALE $235K

3bd/2ba - 1,422 sqft



*PROPERTY DELIVERED VACANT AT CLOSING*

**PLEASE CALL TO SCHEDULE SHOWINGS**

*CLOSE OF ESCROW 2/21/2024*

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Rashad King

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Disposition manager