Closed

$272,000

111 E Horah St, Salisbury, NC 28144

6beds

5,178sqft

Multi Family

Built in 1920

-- sqft lot

$334,200 Zestimate^®

$53/sqft

$1,368 Estimated rent

Home value

$334,200

$291,000 - $384,000

$1,368/mo

Zestimate^® history

Owner options

List your home for rent

$1,368/mo

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$1,368/mo

Rent Zestimate^®

Refinance and save

$1,655/mo

Est. payment

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$1,655/mo

Est. payment

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What's special

CALLING ALL INVESTORS!! Immediate income producing property with instant equity! 6 Unit all brick building consists of 5,200 sq-ft! All units are 1BR/1BA. Next to downtown Salisbury and convenient to I-85, 4 out of 6 units are occupied. Long term tenants. All tenants are month to month and pay on time. Tenants pay all utilities except for water and each unit has its own electricity meter. Appliances convey with the sale. Seller also has two occupied rental properties nearby MLS# 4049674 and 4057224. Cash sale AS IS. Proof of funds is necessary to schedule a showing. Do not disturb tenants.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 6

Heating

Baseboard, Electric, Space Heater

Cooling

Window Unit(s)

Appliances

Included: Electric Range, Refrigerator
Laundry: None

Features

Basement: Dirt Floor,Exterior Entry,Partial,Storage Space,Walk-Out Access

Interior area

Total structure area: 5,178
Total interior livable area: 5,178 sqft
Finished area below ground: 215

Property

Parking

Parking features: Driveway, On Street
Has uncovered spaces: Yes

Lot

Size: 0.23 Acres

Details

Parcel number: 010202
Zoning: DMX
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick Full
Foundation: Crawl Space
Roof: Aluminum

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: City

Community & HOA

Location

Region: Salisbury

Financial & listing details

Price per square foot: $53/sqft
Tax assessed value: $210,418
Date on market: 7/17/2023
Cumulative days on market: 331 days
Listing terms: Cash
Tenant pays: All Except Water
Road surface type: Gravel

Price history

Date	Event	Price
8/21/2024	Sold	$272,000-49.5%$53/sqft
Source: Canopy MLS as distributed by MLS GRID #4049708 Report a problem
7/17/2023	Listed for sale	$539,000+978%$104/sqft
Source: Canopy MLS as distributed by MLS GRID #CAR4049708 Report a problem
4/25/2016	Sold	$50,000$10/sqft
Source: Canopy MLS as distributed by MLS GRID #3145292 Report a problem