Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

301 N Fulton St, Salisbury, NC, 28144

4beds
4baths
2,935sqft
$508,000
$173price/sqft
$3,666/moest. monthly cost
$146,640/yrincome needed

About This Home

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 an SFR property, it has been reconfigured to accommodate a large multigenerational family or a much more demanding rental market. 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. 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.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
56
BikeBikeable

Schools

--
Knox Middle SchoolGrades 6-81.1 mi
3/10
Salisbury High SchoolGrades 9-120.9 mi

Construction

Condition

  • Year built: 1953

Materials

  • Roof: Composition
  • Construction materials: Brick Full,Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Electric Range,Electric Water Heater,Microwave
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Unfinished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Finished area below ground: 1,081
  • Finished area above ground: 1,854

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,935
  • Total interior livable area: 2,935 sqft

Property

Details

  • Parcel number: 006434
  • Zoning: SFR
  • Special condition: Standard

Features

  • Stories: 1
  • Exterior features: Fire Pit,Storage

Lot

  • Lot size: 0.39 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 6
  • Parking features: Circular Driveway,Driveway,Parking Space(s)
  • Has uncovered spaces: Yes
  • Uncovered spaces: 6