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!
Closed
$110,000
312 Barbour St, Salisbury, NC 28144
3beds
1,222sqft
Single Family Residence
Built in 1956
0.14 Acres lot
$156,300 Zestimate®
$90/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: July 05, 2023 at 08:00am
Listing Provided by:
Matt Stevens matt@stalwartandwise.com,
Stalwart & Wise Real Estate Group
Bought with:
Erin Foster
Lake Front Properties and More
Source: Canopy MLS as distributed by MLS GRID,MLS#: CAR4022594

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Central
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range
- Laundry: In Kitchen
Features
- Has basement: No
Interior area
- Total structure area: 1,222
- Total interior livable area: 1,222 sqft
- Finished area above ground: 1,222
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Features
- Waterfront features: None
Lot
- Size: 0.14 Acres
Details
- Parcel number: 025 029
- Zoning description: GR6
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Asbestos
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & neighborhood
Location
- Region: Salisbury
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Dirt, Gravel
Services availability

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Estimated market value
$156,300