1748 Martin Luther King Jr Avenue South

Salisbury, NC 28144

$3,299,999
Price
36
Beds
24
Baths
12
1/2 Baths
17,280 Sq. Ft.
$191 / Sq. Ft.
17,280
Sq. Ft.
$191
per Sq. Ft.

Description

Don't Miss This Rare Opportunity! Located close to Salisbury's famous historic district and convenient to downtown, shopping, I-85 and several highways. A total of 12 new spacious townhomes, each comes with it's own lot and deed. Almost complete! Don’t miss your opportunity to own. Each unit is about 1440 sq ft, 2 stories, priced to sell and features granite countertops and shaker cabinets with soft close drawers in the kitchen and bathrooms, plus you'll find the laundry smartly located near the...Don't Miss This Rare Opportunity! Located close to Salisbury's famous historic district and convenient to downtown, shopping, I-85 and several highways. A total of 12 new spacious townhomes, each comes with it's own lot and deed. Almost complete! Don’t miss your opportunity to own. Each unit is about 1440 sq ft, 2 stories, priced to sell and features granite countertops and shaker cabinets with soft close drawers in the kitchen and bathrooms, plus you'll find the laundry smartly located near the bedrooms on the 2nd level. Each unit has a wall dividing the back patios for added privacy. There are 3 buildings with 4 units each. You can buy anywhere from one unit up to all twelve. The individual units may be listed at a later date. Total sq ft and price will adjust as units sell. Please note the HOA fees/CCRs are still being finalized and the HOA fee is estimated. Expected completion by the end of the year. Call and make your appointment today! More pictures to come
  1. Listed by Rodney Queen • Lantern Realty & Development LLC • rodneque@aol.com

Property Details for 1748 Martin Luther King Jr Avenue South

Parking Features
Parking Lot, Parking Space(s)

Location

Listing Courtesy of Lantern Realty & Development LLC
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LISTING UPDATED: 04/04/2024 09:14 AM

Property Details for 1748 Martin Luther King Jr Avenue South

StatusActive
MLS #4084962
Days on Market159
Taxes-
HOA Fees$65 / month
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Portfolio
Year Built2023
Lot Size1.40 AC / 60,984 SF
CountyRowan County

Location

Listing Courtesy of Lantern Realty & Development LLC
Add your commute

Building Information for 1748 Martin Luther King Jr Avenue South

Stories-Residences-Year Built2023Building Size-Lot Size1.40 AC / 60,984 SF

Payment Calculator

$18,154 per month

30 year fixed, 7.25% Interest

Principal and Interest

$18,009

Property Taxes

$80

HOA Dues

$65

The Payment Calculator is for illustrative purposes only.

Property Information for 1748 Martin Luther King Jr Avenue South

Summary
Location and General Information
  • Longitude: -80.49022958
  • Latitude: 35.65209595
Taxes and HOA Information
  • Association Email: TBD
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $80,717.00
  • Association Name: TBD
  • Parcel Number: 060178
  • 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: 0.0
  • Builder Name: Build704 LLC
  • Lot Size Units: Acres
  • Property Type: Residential Income
Property and Assessments
  • Geocode Confidence: High
  • New Construction: Yes
  • Photos Count: 7
  • Road Responsibility: Private Maintained Road
  • Development Status: Under Construction
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 060198, 060199, and 060200 thru 060208
  • Senior Community: No
  • Plat Book Slide: 9995/10389
  • Proposed Completion Date: 2023-12-31
  • Restrictions: Other - See Remarks
  • Restrictions Description: CCRs have not been completed yet
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Fencing: Partial, Privacy
  • Construction Materials: Vinyl
  • Road Surface Type: Asphalt, Paved
  • Roof: Shingle
Interior Features
  • Appliances: Electric Oven, Electric Water Heater
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Closet
  • Fireplace: No
  • Foundation Details: Slab
  • Basement: No
  • Stories: 2
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
Rental
Rent Information
  • Tenant Pays: Other
  • Pets Allowed: Conditional

Property History for 1748 Martin Luther King Jr Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1748 Martin Luther King Jr Avenue South

Taxable ValueLand$80,717Additions-Total$80,717
Tax Record2023$965 ($80 / month)
Home Facts
Lot Size5,227 SqFtStyleCommercialZoningM2CountyROWANAPN060 178

Schools near 1748 Martin Luther King Jr Avenue South

This home is within Rowan-Salisbury School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Elizabeth Duncan Koontz Elementary School
PublicPK to 5

Knox Middle School
Public6 to 8

Salisbury High School
Public9 to 12

Rowan County Early College
Public9 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.

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1748 Martin Luther King Jr Avenue South is a multi-family home for sale in Salisbury, NC 28144. This property was listed for sale on December 5, 2023 by Lantern Realty & Development LLC, it's currently listed at $3,299,999. It has been on the market for a total of 159 days and was last sold on October 22, 2020. This listing's school district is Rowan-Salisbury School District. Nearby schools include Elizabeth Duncan Koontz Elementary School, Knox Middle School and Salisbury High School. 1748 Martin Luther King Jr Avenue South is a 36-bed, 30-bath, 17,280 sqft multi-family home built in 2023.

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.