(🔑Salisbury, NC) 2/1 SFH Buy&Hold (exist. paying tenant) or Fix & Flip under 90K (ARV 150K+)

Rowan County, Salisbury, NC, 28144
Sold
Listed at: August 16th, 2024
Price
$79,000
ARV
$170,000
Gross Margin
$91,000
Sq. Footage
1108
Type
Single-Family
Parking
Detached Garage
Year build
1946
Lot size
0.09 acres
Bedrooms
2
Bathrooms
1
Half Bathrooms
0
Summary

INVESTOR SPECIAL! Are you looking to add to your portfolio or get started with yours? This will bring you immediate income with a tenant in place. Tenant currently pays $900/month but could be raised as it is lower than average. Tenant is month to month so this home could also be occupied by the owner, or reno'd and resold, if wanted. Tenant pays all utilities. Close to downtown Salisbury and convenient to I-85.

Property Details/Condition:

  • Bedroom: 2
  • Bathroom: 1
  • Building Size: 1,108 sqft
  • Lot Size: 4,085 sqft
  • Rentometer Median Rent: $1,200
  • Occupancy: Delivered Vacant or with m2m tenant

Property Highlights:

  • Buy with existing tenant and revenue, or fix and flip/BRRR
  • Close to downtown Salisbury
  • Conveniently close to I-85

Comps:

ARV: $170,000

  • 313 Green Street
    • 2 Bed 2 Bath
    • 1,080 sqft
    • Sold on 2024-06-21
    • Sale Price $181,900
  • 919 Scales Street
    • 2 Bed 1 Bath
    • 1,142 sqft
    • Sold on 2024-05-14
    • Sale Price $205,000
  • 409 Grace Street
    • 2 Bed 2 Bath
    • 1,110 sqft
    • Sold on 2024-06-04
    • Sale Price $207,900

Call or Text Charlie Today at 302-214-5514

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

Charlie Steele

★★★★★
★★★★★
No reviews

Disposition manager