$157,500
For Sale

200 Martin Luther King Jr Avenue

Salisbury, NC 28144
2 beds | 1 bath | #4280378
Browse 38 photos
Type:Purchase
Structure:House
Zone:Residential

Description

CALLING ALL INVESTORS!!!! Don’t miss this fantastic opportunity to own a well-maintained 2-bedroom, 1-bath home just minutes from the heart of downtown Salisbury, NC. This cozy property offers comfortable living with a convenient location close to shops, dining, and local amenities, making it a desirable rental for tenants and a smart investment for new landlords.
The property was most recently rented for $1k a month and has been an excellent rental for 10 years. Potential to increase to current market rates for even better cash flow. Whether you’re a first-time investor or looking to expand your portfolio, this home is a solid choice with immediate income potential.
Schedule your showing today and take the first step toward building your real estate investment portfolio!

  • Property Details
      • AppliancesDishwasher, Electric Range, Refrigerator
      • Property SubtypeSingle Family Residence
      • Sewer InformationPublic Sewer
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • FoundationCrawl Space
      • Elementary SchoolUnspecified
      • Middle SchoolUnspecified
      • High SchoolUnspecified
      • Parking FeaturesDriveway
      • Parking TypeDriveway
      • Property TypePurchase
      • Original List Price$157,500
      • MLS #4280378
      • MLS #4280378
      • Cost157500
      • Parcel Number016114
      • CountyRowan
      • Year Built1920
      • Utility SourceCity
      • ZoningUR
      • Days on Market (Cumulative)97
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Stories1

Location

Ron HensleyReal Estate Group
OR

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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