CALLING ALL INVESTORS!! Over 3,000 sq. ft. with huge back yard located within the historic district. 2BR/1BA and 1BR/1BA. Next to downtown Salisbury and convenient to I-85. Near Country Club, Playground, Tennis Courts. Long term tenant in unit 932. Tenant is month to month and pays on time. Unit 930 is open for showings. Separately metered for gas, power, and water. Tenants pay all utilities. Appliances convey with the sale. Central Heating and Air. Gas Heat. HVAC is only a few years old. Plenty of opportunities depending on which way you would like to go. Fix and Flip, Buy and Hold, Income property, owner occupant or live in one and rent out the other.

Property Details/Condition:

• Bedrooms: 3
  
• Bathrooms: 2
  
• Building Size: 3,016 sqft
• Lot Size: 10,000 sqft
  
• Rentometer Median Rent: $1,063 (1BR), $1,200 (2BR)
• Occupancy: One unit occupied (month to month)

Property Highlights:

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

Comps:

ARV: $300,000

• 409-411 Ludwick Avenue
  
  • 4 Bed 2 Bath (2 x 2/1)
  • 1,730 sq ft
  • 0.34-acre lot
  • Sold on July 11, 2024
  • Sale Price $250,000
• 105-107 Gold Hill Drive
  
  • 4 Bed 2 Bath (2 x 2/1)
  • 1,620 sq ft
  • 0.34-acre lot
  • Sold on March 26, 2024
  • Sale Price $255,000
• 208-210 N Salisbury Avenue
  
  • 4 Bed 2 Bath (2 x 2/1)
  • 1,763 sq ft
  • 0.39-acre lot
  • Sold on June 6, 2024
  • Sale Price $283,000

Call or Text Charlie Today at 302-214-5514