$459,000
$59K PRICE INCREASE

128 Rowan Mill Rd Salisbury, NC 28147

Estimated payment $2,941/month

Total Views 19,005
7 Beds
5.5 Baths
3,500 Sq Ft
$131 Price per Sq Ft

Highlights

  • Laundry Room
  • Wood Siding
  • Wood Burning Fireplace
  • Central Heating and Cooling System

About This Home

Investor Opportunity: 4-Unit Multi-Family Property in Salisbury, NC
Discover a fantastic investment opportunity with this well-maintained 4-unit multi-family property in
Salisbury! This property boasts a total of 7 bedrooms and 5.5 bathrooms, offering ample rental potential.
Two of the units have been nicely updated, providing modern amenities and appealing finishes to attract
quality tenants. The remaining units offer the flexibility for customization or continued cash flow.
Key features include:
A newer 3-year-old roof, minimizing immediate maintenance concerns.
Laundry hookups conveniently located in the basement, ideal for tenant use.
Spacious units in a recommendable area, catering to both short- and long-term renters.
This property is investor-ready and priced to sell. Whether you're expanding your portfolio or entering the
rental market, this multi-family home is a must-see. Schedule a showing today before it's gone!

Listing Agent

Nicholas Huscroft

Chosen Realty of NC LLC Brokerage Phone: 330-249-3499 License #136437 Listed on: 01/17/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Parking

  • Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Basement
  • Crawl Space
  • Laundry Room

Kitchen

  • Oven
  • Microwave

Bedrooms and Bathrooms

  • 7 Bedrooms

Schools

  • Knollwood Elementary School
  • Knox Middle School
  • Salisbury High School

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 461A060

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Fourplex
  • Year Built: 1950
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 1
  • Special Assessment Description: No
  • Proposed Special Assessment Desc: No
  • Road Surface Type: Gravel, Concrete, Dirt
  • Geocode Confidence: High
  • Attribution Contact: 330-249-3499
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Basement, Crawl Space
  • Fireplace: Yes
  • Appliances: Microwave, Oven, Refrigerator
  • Owner Pays: Water
  • Above Grade Finished Sq Ft: 3500
  • Has Basement: Other
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Wood Burning
  • Living Area: 3500
  • Building Stories: 2

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Exclusions: No
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Laundry Features: In Basement
  • Cooling: Central Air, Wall Unit(s)
  • Water Source: City

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Knox
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 0.46
  • Lot Size Units: Acres
  • Parcel Number: 461A060
  • Zoning Specification: Resident

Green Features

  • Green Verification Count: 0

Rental Info

  • Tenant Pays: All except water
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Knollwood
  • High School: Salisbury

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Price Changed $459,000 -1.3% $131 / Sq Ft
07/24/2025 07/24/25 Price Changed $465,000 0.0% $133 / Sq Ft
07/24/2025 07/24/25 For Sale $465,000 +3.6% $133 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
05/27/2025 05/27/25 Price Changed $449,000 +13.7% $128 / Sq Ft
04/04/2025 04/04/25 Price Changed $395,000 -1.2% $113 / Sq Ft
01/17/2025 01/17/25 For Sale $399,900 -- $114 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4214000

Canopy MLS (Canopy Realtor® Association)