422 Balfour Drive

422 Balfour Drive

Salisbury, NC 28147
$395,000

  • Bedrooms: 4
  • Bathrooms:
  • Lot Size: 0.4 Acres
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!

Property Summary
Property Type: Residential Income Property Subtype : Duplex
Year Built : 2021 Construction Type : Site Built
Lot Size : 0.4 Acres Living Area : 2,060 sqft
Property Features
  • Open Lot
Appliances
  • Dishwasher
  • Electric Range
More Information
  • Construction : Vinyl
  • Roof : Shingle
  • Parking : Parking Space(s)
  • Heating : Central
  • Cooling : Central Air
  • Water Source : City
  • Road : Publicly Maintained Road
  • Listing Terms : Assumable, Cash, Conventional, FHA, VA Loan

Based on information submitted to the MLS GRID as of 05-31-2025 01:20:04 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.

Listed By
Keller Williams Ballantyne Area
Sherika Dyer
605-415-6142
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