$395,000
Accepting Backup Offers

422 Balfour Drive

Salisbury, NC 28147
2060 sqft | 4 beds | 3 baths | #4228675
Browse 15 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers.
Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!

  • Property Details
      • Sewer InformationPublic Sewer, Septic Installed
      • AppliancesDishwasher, Electric Range
      • Parking FeaturesParking Space(s)
      • Property TypeMulti-Family
      • CoolingCentral Air
      • Cooling FeaturesCentral Air
      • Elementary SchoolKnollwood
      • High SchoolSalisbury
      • Lot FeaturesOpen Lot
      • Lot DescriptionOpen Lot
      • Original List Price$395,000
      • RoofShingle
      • MLS #4228675
      • Parcel Number461A152
      • MLS #4228675
      • Cost395000
      • Property SubtypeDuplex
      • CountyRowan
      • Square Feet2060
      • Year Built2021
      • FoundationSlab
      • Utility SourceCity
      • Middle SchoolKnox
      • PetsYes
      • Days on Market (Cumulative)29
      • Bedrooms4
      • Bathrooms3
      • Full Baths2
      • Half Baths2

Location

Chris Jones | Charles Jones Realty IncReal Estate Group
OR

Interested in Purchasing 422 Balfour Drive?

Get an estimate on monthly payments on this property.

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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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