422 Balfour Drive
Salisbury, NC 28147
- 4 beds
- 3 baths
- 2,060 sqft
- ~1/2 acre lot
- $191 per sqft
- 2021 build
- – on site
Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers. Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!
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Last updated Mar 25, 2025
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MLS# 4228675 —
The Building
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Year Built:2021
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New Construction:false
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Construction Type:Site Built
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Subtype:Duplex
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Construction Materials:Vinyl
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# of Units Total:2
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Roof:Shingle
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Foundation Details:Slab
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Basement:false
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Building Area Total:2060
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Above Grade Finished Area:2060
Interior
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Flooring:Carpet, Vinyl
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Living Area:2060
Location
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Directions:see GPS
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Latitude:35.653199
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Longitude:-80.505478
The Property
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Type:Residential Income
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Lot Features:Open Lot
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Lot Size Area:0.4
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Lot Size Units:Acres
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Zoning Specification:UR8
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Road Responsibility:Publicly Maintained Road
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Road Surface Type:Concrete, Paved
Listing Agent
- Contact info:
- Agent phone:
- (605) 415-6142
- Office phone:
- (704) 887-6600
Taxes
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Parcel Number:461A152
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Tax Assessed Value:237658
Beds
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Bedrooms Total:4
Baths
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Full Baths:2
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Half Baths:2
The Listing
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Special Listing Conditions:Third Party Approval
Heating & Cooling
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Heating:Central
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Cooling:Central Air
Utilities
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Sewer:Public Sewer, Septic Installed
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Water Source:City
Appliances
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Appliances:Dishwasher, Electric Range
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Laundry Features:Upper Level
Schools
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Elementary School:Knollwood
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Middle School:Knox
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High School:Salisbury
The Community
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Subdivision Name:None
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HOA Subject To:None
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Senior Community:false
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Pets Allowed:Yes
Parking
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Parking Features:Parking Space(s)
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Garage:false
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Main Level Garage:No
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Carport:false
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Open Parking:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/17/25
Mar 17, 2025
|
Sold Subject To Contingencies | CMLS | $395,000 | |
3/4/25
Mar 4, 2025
|
Listed / Active | CMLS | $395,000 |