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$600,000

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400 Boundary

East Spencer, NC 28144

13

bedrooms

0

baths

N/A

sq.ft.

N/A

price per sf

Property TypeResidential Income
Year Built1990
Carnarri Cofield

Presented By

Carnarri Cofield

REALTOR®

About This Property

Multifamily Investment Opportunity Income-producing multifamily property on 1.06 acres . Location is quiet and secluded and features 3 buildings and 7 units. Units A & B – 3BR/1BA; Units C–F – 1BR/1BA; Unit G – 3BR/2BA. One-level layout with no stairs enhances tenant accessibility and rental appeal. Ideal for investors seeking steady cash flow with value-add potential. Neighboring lot at N Boundary St also for sale MLS #4347706

About the Neighborhood

Homes for sale in 28144 place buyers in the heart of Salisbury, the Rowan County seat and one of the Charlotte metro region's most architecturally distinguished small cities, approximately 40 miles northeast of Uptown Charlotte via I-85. Salisbury's residential landscape is anchored by one of the most intact collections of Victorian, Colonial Revival, and Craftsman architecture in the Piedmont — entire blocks of the Salisbury Historic District list on the National Register of Historic Places, offering buyers rare access to period homes of genuine architectural significance. The celebrated Downtown Salisbury corridor along East Innes Street delivers a thriving independent restaurant, craft brewery, and boutique retail scene anchored by local institutions like Firefly Craft Brewery and the historic Meroney Theater. Catawba College and the broader Novant Health Rowan Medical Center campus anchor significant local employment. The 28144 real estate market offers buyers a compelling combination of nationally significant historic architecture, a genuinely activated downtown, and highly competitive price points relative to Charlotte's intown neighborhoods, with a direct 40-minute I-85 commute maintaining strong metro connectivity.

Property Features

Property Description

  • Beds Total: 13
  • Stories: 1
  • Year Built: 1990
  • New Construction: No
  • MLS #: 4347066

Association

  • HOA Required: No

Interior Features

  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • Electric Dryer Hookup
  • In Unit
  • Washer Hookup

Appliances

  • None

Construction Materials

  • Aluminum
  • Vinyl
  • Foundation: Slab

Cooling

  • Window Unit(s)

Foundation Details

  • Slab

Heating

  • Baseboard

Laundry Features

  • Electric Dryer Hookup
  • In Unit
  • Washer Hookup

Parking Features

  • Parking Lot
  • Parking Space(s)

Pets Allowed

  • Conditional

Road

  • Road Responsibility: Publicly Maintained Road
  • Road Surface Type: Asphalt, Paved

Sewer

  • Public Sewer

WaterSource

  • City

Tax and Financial Info

  • Listing Terms: Cash, Conventional

Location

LISTING COURTESY OF: KELLER WILLIAMS SOUTH PARK

shanteria@fulcrumpg.com

MLS GRID

Listings courtesy of Canopy MLS as distributed by MLS GRID

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams South Park

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.

Carnarri Cofield

$600,000

400 Boundary

13 bed, 0 bath