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422 Balfour Drive

Salisbury, NC 28147
  • $395,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • MLS #: 4228675
Under Contract
UPDATED: 36 min ago
$395,000
  • 4
    BEDS
  • 0.4
    ACRES
  • 2
    BATHS
  • 2
    1/2 BATHS
  • 2,060
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2021
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Keller Williams Ballantyne Area: 704-887-6600. Copyright 2025 Canopy MLS. All rights reserved.

Description

Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers. Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-04-28T13:33:45.023 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Tammy Riggs Littlejohn | Keller Williams Innovate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

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422 Balfour Drive Salisbury, NC 28147

  • Price: $395,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • Updated: 36 min ago
  • MLS #: 4228675
4
Beds
2
Baths
2
½ Baths
0.4
Acres
2,060
SQFT
$192
$/SQFT
2021
Built
Neighborhood:
None
County:
Rowan
Area:
Salisbury
Elementary School:
Knollwood
Middle School:
Knox
High School:
Salisbury
Property Description
Investor or Owner-Occupant Opportunity! Modern Duplex with Assumable VA Loan. This fairly new duplex offers the perfect blend of investment potential and owner-occupant flexibility! One unit is tenant-occupied, providing immediate rental income, while the other is vacant and move-in ready. Each unit features 2 bedrooms and 2 bathrooms. Includes granite countertops, soft-close cabinets, tile flooring in the kitchen and bath, luxury vinyl plank in the living areas, and cozy carpeting in the bedrooms. Recently appraised above list price with strong rental estimates, this property is an excellent long-term asset. Even better, the seller is offering an assumable VA loan at just 3.6%, making financing more attractive for qualified buyers. Whether you're an investor looking to maximize rental income or a homeowner seeking to offset your mortgage with rental revenue, this duplex is a fantastic opportunity. Schedule your showing today!
Exterior Features

Carport YN No Construction Materials Vinyl Construction Type Site Built Foundation Details Slab Garage YN No Lot Features Open Lot Main Level Garage YN No Parking Features Parking Space(s) Road Responsibility Publicly Maintained Road Road Surface Type ConcretePaved Roof Shingle

Interior Features

Above Grade Finished Area 2060 Appliances DishwasherElectric Range Basement YN No Below Grade Finished Area 0 Building Area Total 2060 Cooling Central Air Flooring CarpetVinyl Heating Central Laundry Features Upper Level

Property Features

Assumable YN Qualify Auction YN No CCRSubject To No City Taxes Paid To No City Taxes Paid Hoa Subject To None HOASubject To Dues No Listing Terms AssumableCashConventionalFHAVA Loan New Construction YN No Pets Allowed Yes Property Sub Type Duplex Senior Community YN No Sewer Public SewerSeptic Installed Special Listing Conditions Third Party Approval Tenant Pays All Utilities Water Source City



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-04-28T13:33:45.023 UTC. 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.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Tammy Riggs Littlejohn | Keller Williams Innovate nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Tammy Riggs Littlejohn | Keller Williams Innovate
1001 Military Cutoff Rd Suite 101
Wilmington NC, 28405
Canopy MLS logo Offered by Keller Williams Ballantyne Area: 704-887-6600. Copyright 2025 Canopy MLS. All rights reserved.