301 N Fulton Street, Salisbury, NC 28144

$490,000
4
BD
4
BA
2,900
SqFt

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Listing courtesy of Freedom Living Realty. 704-267-7888

List Price
$490,000
MLS#
4389893
Status
ACTIVE
Days on Market
55
Property Type
Residential
Year Built
1953
Bedrooms
4
Bathrooms
4
Full Baths
4
Lot Size
16,988
Lot Size Area
0.39
Living Area
2,900
Sq Ft Total
2900
County
Rowan
Subdivision
No Neighborhood
Special Conditions
None

Property Description

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 kitchenette—perfect 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!

Additional Information

Fireplace
Yes
Equipment
Electric Range
Foundation
Basement
Main Level Rooms
Primary Bedroom, Bathroom-Full, Bedroom(s), Bathroom-Full, Bedroom(s), Bathroom-Full
Laundry Location
In Kitchen
Heating
Central, Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Brick Full
Roof
Architectural Shingle
Parking
Circular Driveway, Driveway, Parking Space(s)
Driveway
Concrete, Gravel
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
2900
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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