$190,000
Est. Payment: $977/mo
Adjust down payment, rate & terms
402 Salisbury
Spencer, NC 28159
2
bedrooms
1
baths
1,612
sq.ft.
$118
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Discover the potential of this spacious 2 bedroom, 1 bathroom home, situated in Spencer with unmatched convenience. Located less than 2 miles from I-85, this property offers good proximity to new Rowan County industries, as well as a wealth of local shopping, restaurants, and entertainment options including the North Carolina Transportation Museum. From the expansive wrap-around front porch, step inside and be captivated by the home's historic charm, featuring high ceilings and beautiful original wood floors that run throughout. French doors complete with glass knobs open into the center of the home. The generously sized rooms present a fantastic opportunity for the new owner to bring their vision and creativity to make this residence a stunning showcase. The property sits on a level lot of nearly half an acre, providing ample outdoor space. Peace of mind comes with several recent updates, including a new gas furnace (2025), an electric hot water heater replaced in 2021, and a newer electric box installed in 2024. This home is being sold strictly "as-is." Please note that all fireplaces are sealed and have never been operated by the seller. Don't miss your chance to own a piece of Spencer with great bones and an unbeatable location!
About the Neighborhood
Homes for sale in 28159 center on Spencer, a small Rowan County community of genuine railroad history significance approximately 40 miles northeast of Charlotte via I-85, anchored by the North Carolina Transportation Museum — one of the most significant rail heritage destinations in the American Southeast, housed on the former Southern Railway's primary repair facility. The residential landscape features early 20th-century worker cottages, Craftsman bungalows, and mid-century ranch homes on the community's compact, walkable street grid, reflecting Spencer's origins as a planned railroad company town. The growing Downtown Salisbury corridor along East Innes Street, with its acclaimed independent restaurants and craft beverage scene, is minutes away, and Dan Nicholas Park provides extensive outdoor recreation within easy reach. Major employers along the Salisbury and I-85 corridor, including Novant Health Rowan Medical Center and Rowan-Cabarrus Community College, anchor regional employment. The 28159 real estate market offers buyers distinctive architectural character tied to genuine American industrial history at highly competitive price points, with direct I-85 connectivity placing Charlotte approximately 40 minutes away.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 1
- Half Baths: 0
- Year Built: 1913
- Living Area: 1,612 sqft
- New Construction: No
- MLS #: 4342111
Additional Home Features
- Subdivision: None
- Neighborhood: None
Association
- HOA Required: No
Interior Features
- Built-in Features
- Heating: Natural Gas
- Cooling: Central Air
- Laundry Room
- Main Level
Appliances
- Electric Range
- Refrigerator
- Washer/Dryer
Construction Materials
- Asbestos
- Foundation: Crawl Space
- Roof: Composition
Cooling
- Central Air
Foundation Details
- Crawl Space
Heating
- Natural Gas
Laundry Features
- Laundry Room
- Main Level
Levels
- One
Parking Features
- Attached Carport
- Driveway
Exterior Features
- Fencing: Back Yard
- Patio/Porch: Covered, Front Porch, Wrap Around
Other Structures
- Outbuilding
- Other - See Remarks
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Public Sewer
WaterSource
- City
Flooring
- Linoleum
- Wood
Fireplace
- Fireplace: Yes
- Other - See Remarks
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: HOWARD HANNA ALLEN TATE CONCORD
dakeita.vanderburg@howardhannatate.com
$190,000
Est. Payment: $977/mo
Adjust down payment, rate & terms
402 Salisbury
Spencer, NC 28159
2
bedrooms
1
baths
1,612
sq.ft.
$118
price per sf
Presented By
Carnarri Cofield
REALTOR®
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 Howard Hanna Allen Tate Concord
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.
$190,000
402 Salisbury
2 bed, 1 bath