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Off market
  • $857,600

    1075 Matika Dr, Salisbury, NC 28147

    22beds
    7,700sqft
    MultiFamily
    Built in 1985
    -- sqft lot
    $857,600 Zestimate®
    $111/sqft
    $-- HOA

    What's special

    ***100% OCCUPIED**** ! Positive Cash Flow NOW ! - Renovated in 2016 - 14 well rented units in 6 one level buildings that are easy to maintain with excellent roofs. 22 Bedrooms 14 Bathrooms, 7,700 Sq Ft. Income $90,840 12 months expenses $24,909. These units single level on concrete slab foundations. They are extremely easy & inexpensive maintain. All have city water, vinyl siding & newer architectural shingles. If you're looking to start or grow your portfolio this is an OPPORTUNITY for you. Owner financing available all terms considered 20% down 5% Interest Preferred. Make An Offer! Purchase this asset to offset gains then use depreciation & expenses to help your taxes.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 22
    • Bathrooms: 14
    • Full bathrooms: 14
    Heating
    • Baseboard, Electric
    Appliances
    • Laundry: Other
    Features
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 7,700 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 4.15 Acres
    Details
    • Zoning: UR12
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1985

    Utilities & green energy

    • Water: City Water

    Community & neighborhood

    Location
    • Region: Salisbury

    Other

    Other facts
    • HeatingYN: true
    • CoolingYN: true
    • NumberOfUnitsTotal: 14
    • CurrentFinancing: Conventional, Cash
    • Cooling: Window Unit(s)
    • NumberOfUnitsInCommunity: 14
    • OpenParkingSpaces: 3
    • SpecialListingConditions: Standard
    • Basement: Crawl Space
    • FarmLandAreaUnits: Square Feet
    • Zoning: UR12
    • CoveredSpaces: 0
    • ConstructionMaterials: Vinyl
    • Appliances: Electric Water Heater
    • RentIncludes: Exterior Maintenance
    • WaterSource: City Water
    • LaundryFeatures: Other
    • TenantPays: All Utilities, Cable, Garbage Pick-up
    • StructureType: Site Built
    • ParkingFeatures: Parking Space - 2, Parking Space - 1
    • Heating: Electric Baseboard Heat
    • RoadResponsibility: Privately Maintained Road or Maintenance Agreement
    • MlsStatus: Active
    • TaxAnnualAmount: 335349.00
    Services availability
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    Estimated market value

    $857,600