301 N Fulton Street, Salisbury, NC 28144
None · Rowan County
Key Facts
Description
Rare opportunity in the heart of Salisbury! This versatile property features four distinct living spaces, offering immediate cash flow with significant value-add potential. Originally constructed as a single-family residence, it has been reconfigured to accommodate a large multigenerational family, a thriving rental portfolio, or a live-work setup. Two Full Units: Each features a spacious 1BR/1BA layout with full kitchens and a large living area. Two Efficiency Studio Units: Each offers a 1BR/1BA setup with a convenient kitchenette—perfect for traveling nurses, short-term rentals, or quiet professional office suites. Expansion Potential: The walk-out basement features full-sized windows and private exterior doors, ready to be finished into a 5th income-producing unit. Whether you want to house-hack, host a multi-generational family, or maximize your rental yield, this property offers incredible flexibility. Bring your vision and explore the massive potential!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1953
Living Area
2,900 sq ft
Zoning
SFR
Days on Market
16
MLS® Listing#
4389893
Property Features
Appliances
Cooling
Heating
Fireplace
Basement
Parking
Laundry
Construction
Roof
Sewer
Water Source
Schools
- Elementary:
- Unspecified
- Middle:
- Unspecified
- High:
- Unspecified
Financial Details
HOA
None
Assessed Value
$371,558
Parcel Number
006434
Affordability Calculator
$98,000
Estimated monthly payment
$2,608/mo
Principal $392,000 · Est. interest $546,875 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Salisbury, NC
- $332,609
- Median Listing Price
- 69
- Median Days on Market
- 1,834
- Median Sq Ft
- $182
- Median Price / Sq Ft
- 367
- Active Listings
- This home’s price is 47% above the area median.
- Its price per sq ft is 7% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Salisbury, NC.
Location
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Points of Interest in Salisbury, NC
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 135 Swinford Drive 85, Salisbury, NC | $343,400 | 4 | 2 | 2,100 |
| 2485 Maxton Drive, Salisbury, NC | $344,230 | 3 | 3 | 2,286 |
| 111 Birkdale Drive, Salisbury, NC | $345,000 | 3 | 2 | 2,095 |
| 106 Quarry Way, Salisbury, NC | $345,000 | 3 | 2 | 1,542 |
| 310 Askin Lane, Salisbury, NC | $347,000 | 4 | 3 | 2,367 |
| 627 Cooley Drive, Salisbury, NC | $347,745 | 4 | 3 | 2,372 |
Moving Cost Estimate
EXIT Agents in Salisbury
Listing Courtesy: Freedom Living Realty - 704-267-7888
Last Updated: 2026-06-04
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