Description
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.
Address
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Address: 301 N Fulton Street
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City: Salisbury
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State/county: NC
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Zip/Postal Code: 28144
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Area: NONE
Details
Updated on May 7, 2026 at 4:21 pm-
Property ID 4377308
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Price $508,000
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Property Size 2935 m²
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Bedrooms 4
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Bathrooms 4
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Garage Size x x
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Year Built 1953
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Property Type Fourplex, Residential Income
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Property Status Active, For Sale
Additional details
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Roof Composition
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Sewer Public Sewer
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Cooling Central Air
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Heating Heat Pump
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County Rowan
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Property Type Residential Income
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Parking Circular Driveway,Driveway,Parking Space(s)
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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