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$ 475,000
Est. payment | /mo
10,018 Sqft Lot
$ 475,000
Est. payment | /mo
10,018 Sqft Lot
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4441373
Year Built 1997
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Business
Property Description
Priced below its October 2026 appraised value, this brick side-by-side duplex in Salisbury is a well-maintained, income-producing property. Both units are currently leased at $1,350/month each, for $2,700/month in scheduled rent from day one. The current owner has put real work into the property. A new roof and gutters were installed in 2020. Both units have updated flooring, refreshed upstairs bathrooms, and freshly painted kitchen cabinets, with appliances updated as needed. Outside, the extended front concrete adds convenience, and the regraded, cleared side lot improves drainage. The all-brick exterior means lower long-term upkeep. Each unit lives like a townhome, with its own private entrance and an open main level where living, dining, and kitchen flow together. Each also has a downstairs powder room and a dedicated laundry area, with bedrooms and a full bath upstairs. 1510 adds new doors, a supplemental ductless split system, and a washer and dryer that convey with the sale. Both units have gas heat and gas water heating, and the HVAC systems have been serviced annually. The location keeps the units in demand. The property sits minutes from Catawba College, Statesville Blvd shopping and dining, and downtown Salisbury, with easy access to I-85. This duplex suits several kinds of buyers. Investors can add it as a turnkey asset, 1031 exchange buyers get an income property ready to go, and owner-occupants can live in one side while the other helps cover the mortgage. Relevant financial documents are available upon request. The property is tenant-occupied, so please do not disturb tenants. Showings are by appointment only!
Location
State NC
County Rowan
Zoning UR8
Interior
Inclusions Building, Fixtures, Land
Exterior
Street Surface Paved
Total Parking Spaces 4
Building
Dwelling Type Site Built
Structure Type Brick Full
New Construction false
Others
Senior Community false
Special Listing Condition None
© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Listed by Cathy Griffin • Century 21 Towne and Country • c21cathy@bellsouth.net
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