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938 Lincolnton Road

Salisbury, NC 28144

4 beds
2 baths
2,302 sqft
~1/2 acre lot
$71 per sqft
1940 build
– on site

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HIGHEST & BEST OFFERS DUE 3/18/22 11:59:59 EST. Tenant Occupied month to month leases. DO NOT DISTURB TENANTS. NO Site Visits or Showings until Contract. Start an investment portfolio or add to it. Live in one side rent one side. Low maintenance with vinyl replacement windows, vinyl siding, & vinyl/metal wrapped trim. No Carpet with laminate wood and tile throughout! All Electric, HVAC Heap Pumps Roof 2014, Heat Pump with central air & central heat, low maintenance, low utility bills, close to everything. Managed by Chambers Realty, a local real estate firm. Cash Flow 1-1-2 thru 12-31-21 - Rent Income $15,120 - Expenses $3,590 = Net Operating Income $11,530. 938 Lincolnton Rd. 1,167 ft2, 2BR 1 BA, $625/mo. 936 Lincolnton Rd. 1,135 ft2, 2BR 1BA $635/mo. Tenants are responsible for all utilities, landlord is responsible for lawn care. Very close to Downtown Salisbury & brand new Bell Tower Park & very close to Fulton Heights Eaman Park redevelopment right down the street

Listing courtesy of CMLS / Wallace Realty

Last checked: Checking… • Last updated Mar 19, 2023 •

MLS# 3838457 —

The Building

Year Built:

1940
New Construction:

false
Construction Type:

Site Built
Subtype:

Multi-Family
Construction Materials:

Vinyl Siding
# of Units Total:

2
Unit Count:

2
Foundation Details:

Crawl Space
Porch:

Back,Covered,Front
Doors & Windows:

Insulated Windows
Building Area Total:

2302

Interior

Flooring:

Laminate
Living Area:

2302
Fireplace:

true
Fireplace Features:

Living Room

Location

Latitude:

35.665912
Longitude:

-80.493084

The Property

Type:

Residential Income
Lot Features:

Cleared, Level
Lot Size Dimensions:

63x271
Lot Size Area:

0.41
Lot Size Units:

Acres
Zoning Description:

GnRs6/ac
Zoning:

GR6
Structure Type:

Duplex
Road Responsibility:

Public Maintained Road
Road Surface Type:

Dirt, Gravel, Shared

Listing Agent

Contact info:

Taxes

Parcel Number:

013109
Tax Assessed Value:

100714

Beds

Bedrooms Total:

4

Baths

Full Baths:

2

The Listing

Special Listing Conditions:

Subject to Lease

Heating & Cooling

Heating:

Central, Heat Pump, Heat Pump

Utilities

Sewer:

Public Sewer
Water Source:

Public
Water Heater:

Electric

Appliances

Appliances:

Electric Range, Refrigerator
Laundry Features:

Main Level, In Kitchen

Schools

Elementary School:

Elizabeth Koontz
Middle School:

Knox
High School:

Salisbury

The Community

Community Features:

Dog Park, Outdoor Pool, Picnic Area, Sidewalks, Street Lights
HOA Subject To:

None
Pets Allowed:

Conditional

Parking

Parking Features:

Parking Space - 4+
Main Level Garage:

No

Explore the Area

My Commute

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Sale history

Date	Event	Source	Price	% Change
4/15/22 Apr 15, 2022	Sold	CMLS	$165,000	11.7%
3/21/22 Mar 21, 2022	Pending	CMLS	$147,777
3/14/22 Mar 14, 2022	Listed / Active	CMLS	$147,777

Multifamily Sold on 4/15/2022

$165,000

Listing provided by broker:

Keith Knight

Wallace Realty

Newest listings in Salisbury, NC

Based on information submitted to the MLS GRID as of 5/6/2025 3:57 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

938 Lincolnton Road

Salisbury, NC 28144