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312 Barbour Street

Salisbury, NC 28114

3 beds
2 baths
1,222 sqft
6,098 sqft lot
$90 per sqft
1956 build
686 days on site

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Charming As-Is Investment Opportunity: Traditional 3-Bedroom Ranch with a Proven Cash Flow Discover this hidden gem nestled on a .14-acre lot, boasting a quaint 1,222 sqft traditional ranch-style home built in 1956. This 3-bedroom, 1.5-bathroom property offers a proven track record of generating a steady cash flow of $1,000 per month over the past three years. Featuring a cozy backyard that is perfect for relaxation or entertaining guests, the home sits on a decently sized lot with a nice lawn. While this home requires some TLC, the foundation is solid, and the potential for improvement is limitless. Recommended upgrades include a fresh coat of paint, roof replacement, and attention to uneven flooring. This property presents an excellent opportunity for investors or DIY enthusiasts looking to transform a house into a dream home. Its potential and proven cash flow make it a unique and valuable find. Don't miss out on the chance to capitalize on this promising investment opportunity!

Listing courtesy of CMLS / Stalwart & Wise Real Estate Group

Last checked: Checking… • Last updated Jun 11, 2024 •

MLS# 4022594 —

The Building

Year Built:

1956
New Construction:

false
Construction Type:

Site Built
Subtype:

Single Family Residence
Construction Materials:

Asbestos
Architectural Style:

Traditional
Foundation Details:

Crawl Space
Levels:

One
Basement:

false
Above Grade Finished Area:

1222

Interior

Living Area:

1222

Location

Latitude:

35.672759
Longitude:

-80.446148

The Property

Type:

Residential
Lot Size Area:

0.14
Lot Size Units:

Acres
Zoning Specification:

R
Zoning:

GR6
Waterfront Features:

None
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Dirt, Gravel

Listing Agent

Contact info:

Taxes

Parcel Number:

025 029
Tax Assessed Value:

68518

Beds

Bedrooms Total:

3
Bedroom Main:

3

Baths

Baths:

2
Full Baths:

1
Half Baths:

1
Full Baths Main:

1
Half Baths Main:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Central
Cooling:

Window Unit(s)

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Electric Oven, Electric Range
Laundry Features:

In Kitchen

Schools

Elementary School:

Unspecified
Middle School:

Unspecified
High School:

Unspecified

The Community

Subdivision Name:

None
HOA Subject To:

None
Senior Community:

false

Parking

Parking Features:

Driveway
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$147/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
6/20/23 Jun 20, 2023	Sold	CMLS	$110,000	0.0%
5/19/23 May 19, 2023	Sold Subject To Contingencies	CMLS	$109,997
5/17/23 May 17, 2023	Price Changed	CMLS	$109,997	-8.3%

House Sold on 6/20/2023

$110,000

Listing provided by broker:

Matt Stevens

Stalwart & Wise Real Estate Group

matt@stalwartandwise.com

Newest listings in Salisbury, NC

Based on information submitted to the MLS GRID as of 3/8/2025 3:08 am. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.

312 Barbour Street

Salisbury, NC 28114