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Seller Financing
Address
1075 Matika Drive Salisbury, NC
Price
$ 949,771
Property Attributes
  • ID#3676912
  • TypeContingent
  • CountyROWAN
  • CitySalisbury
  • AreaRowan County
  • Zip28147
  • Style
  • Price$ 949,771
  • Bedrooms18
  • Full Bathrooms10
  • Half Bathrooms0
  • Sqr Footage7700
  • Lot Size4.15 Acres
Listing Provided Courtesy Of:
Wallace Realty
Data Source:
Canopy MLS
Property Description

***100% OCCUPIED**** ! Positive Cash Flow NOW ! - Renovated in 2016 - 14 well rented units in 6 one level buildings that are easy to maintain with excellent roofs. 22 Bedrooms 14 Bathrooms, 7,700 Sq Ft. Income $90,840 12 months expenses $24,909. These units single level on concrete slab foundations. They are extremely easy & inexpensive maintain. All have city water, vinyl siding & newer architectural shingles. If you're looking to start or grow your portfolio this is an OPPORTUNITY for you. Owner financing available all terms considered 20% down 5% Interest Preferred. Make An Offer! Purchase this asset to offset gains then use depreciation & expenses to help your taxes.

Elementary School Middle School High School
Knollwood Elementary School Southeast Guilford Middle School Salisbury High School
Price History
10/27/2020 Listed $949,777
12/16/2020 1% - $949,771

General Features

Appliances None
Car Hoasubjectto None
Construction Materials Vinyl Siding
Construction Type Site Built
Elementary School Knollwood
Flooring Vinyl
Heating Baseboard, Window Unit(s)
High School Salisbury
Middle/Junior High School Southeast Guilford
New Construction No
Parking Features Parking Space, Parking Space - 2
Pets Allowed Conditional
Property SubType Multi-Family
Property Type Residential Income
Sewer Septic Installed
Standard Status Active Under Contract
Structure Type Other
Terms Cash, Conventional
Total Units 14
Zoning Description UR12

Interior Features

Full Baths 14
Laundry Features Other
Total Bedrooms 22
Unit 1 Beds Total 1
Unit 10 Beds Total 2
Unit 11 Beds Total 2
Unit 12 Beds Total 2
Unit 13 Beds Total 2
Unit 14 Beds Total 2
Unit 2 Beds Total 1
Unit 3 Beds Total 1
Unit 4 Beds Total 1
Unit 5 Beds Total 1
Unit 6 Beds Total 1
Unit 7 Beds Total 2
Unit 8 Beds Total 2
Unit 9 Beds Total 2

Exterior Features

Building Area Total 7700
Foundation Details Crawl Space
Lot Size Area 4.15
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 28147

Price
AVG $330K
$950K
Visits
AVG 101
483
Year Built
AVG 1977
1985

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