111 Horah Street

Salisbury, NC 28144

$539,000
Price
6
Beds
6
Baths
5,178 Sq. Ft.
$104 / Sq. Ft.
5,178
Sq. Ft.
$104
per Sq. Ft.

Description

Calling all investors! Immediate income producing property with instant equity! 6 Unit all brick building consists of 5,200 sq-ft! All units are 1BR/1BA. Next to downtown Salisbury and convenient to I-85, 4 out of 6 units are occupied. Long term tenants. All tenants are month to month and pay on time. Tenants pay all utilities except for water and each unit has its own electricity meter. Appliances convey with the sale. Seller also has two occupied rental properties nearby MLS# 4049674 and 4057224....Calling all investors! Immediate income producing property with instant equity! 6 Unit all brick building consists of 5,200 sq-ft! All units are 1BR/1BA. Next to downtown Salisbury and convenient to I-85, 4 out of 6 units are occupied. Long term tenants. All tenants are month to month and pay on time. Tenants pay all utilities except for water and each unit has its own electricity meter. Appliances convey with the sale. Seller also has two occupied rental properties nearby MLS# 4049674 and 4057224. Cash sale AS IS. Proof of funds is necessary to schedule a showing. Do not disturb tenants.
  1. Listed by Robbie Bendig • Lantern Realty & Development LLC • Rbendig89@gmail.com

Property Details for 111 Horah Street

Parking Features
Driveway, On Street

Location

Listing Courtesy of Lantern Realty & Development LLC
Add your commute
LISTING UPDATED: 02/16/2024 02:31 PM

Property Details for 111 Horah Street

StatusActive
MLS #4049708
Days on Market299
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Sixplex
Year Built1920
Lot Size0.23 AC / 10,018 SF
CountyRowan County

Location

Listing Courtesy of Lantern Realty & Development LLC
Add your commute

Building Information for 111 Horah Street

Stories-Residences-Year Built1920Building Size-Lot Size0.23 AC / 10,018 SF

Payment Calculator

$2,942 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,942

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Horah Street

Summary
Location and General Information
  • Longitude: -80.472981
  • Latitude: 35.664311
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $210,418.00
  • Parcel Number: 010202
  • City Taxes Paid To: Salisbury
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Open Parking: No
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Property
Lot Information
  • Below Grade Finished Area: 215.0
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: Medium
  • New Construction: No
  • Photos Count: 13
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
  • Number Of Completed Units Total: 6
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick Full
  • Road Surface Type: Gravel
  • Roof: Aluminum
Interior Features
  • Appliances: Electric Range, Refrigerator
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Space Heater
  • Laundry Features: None
  • Foundation Details: Basement, Crawl Space
  • Basement: Yes
  • Basement: Dirt Floor, Exterior Entry, Partial, Storage Space, Walk-Out Access
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Rental
Rent Information
  • Tenant Pays: All except water
  • Pets Allowed: Conditional

Property History for 111 Horah Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 111 Horah Street

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Carroll T Overton Elementary School
PublicK to 5

Knox Middle School
Public6 to 8

Salisbury High School
Public9 to 12

Henderson Independent High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

111 Horah Street is a multi-family home for sale in Salisbury, NC 28144. This property was listed for sale on July 17, 2023 by Lantern Realty & Development LLC, it's currently listed at $539,000. This listing's school district is Rowan-Salisbury School District. Nearby schools include Carroll T Overton Elementary School, Knox Middle School and Salisbury High School. 111 Horah Street is a 6-bed, 6-bath, 5,178 sqft multi-family home built in 1920.

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 Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lantern Realty & Development LLC

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.