$508,000

301 N Fulton Street, Salisbury, NC 28144

  • 4 beds |
  • 4 baths |
  • 2,935 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon0.39acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $173/sqft
  • Property List Date Icon Listed 5 days ago

Property Description

Rare investment 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 SFR, it has been reconfigured to accommodate a much demanding rental market. Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area. Two Efficiency 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. Occupancy & Management: Unit 1: Occupied (Month-to-Month). Unit 2: Available and listed by a professional leasing company. The property is set up for a seamless transition to full property management or owner-occupancy. Please connect with listing agents with all your questions, Maia Smith (704) 267 7888 or Co Listing agent Rachel Gutierrez with Freedom Living Realty

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 7:16AM
Listing Office:
Freedom Living Realty : 704-267-7888
MLS ID:
4377308
  • Rooms: Basement
  • Appliances: Electric RangeElectric Water HeaterMicrowave
  • Laundry: In Basement
  • Basement: DaylightExterior EntryUnfinishedWalk-Out Access
  • A/C: Central Air
  • Heating: Heat Pump
  • General: Fire PitStorage
  • Parking: Circular DrivewayDrivewayParking Space(s)
  • Roofing: Composition
  • General: Site BuiltBasement
  • Road/Access: ConcreteGravelPaved
  • Originating MLS: carolina
  • County: Rowan
  • Zoning: SFR006434
  • Water: City
  • Sewer: Public Sewer
  • Source: carolina

This listing courtesy of Freedom Living Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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