For Sale $600,000
Multifamily Investment Opportunity Income-producing multifamily property on 1.06 acres . Location is quiet and secluded and features 3 buildings and 7 units. Units A & B ā 3BR/1BA; Units CāF ā 1BR/1BA; Unit G ā 3BR/2BA. One-level layout with no stairs enhances tenant accessibility and rental appeal. Ideal for investors seeking steady cash flow with value-add potential. Neighboring lot at N Boundary St also for sale MLS #4347706
| List Price: | $600,000 |
| Status: | For Sale |
| Bedrooms: | 13 |
| Type: | Duplex |
| Parking: | Parking Lot, Parking Space(s) |
| MLS Number: | CAR4347066 |
| Year Built: | 1990 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-02-2026 | Listed | $600,000 | N/A |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Elizabeth Hanford Dole Elementary School | 1 miles | PK-05 | 1 |
| North Rowan Elementary School | 2 miles | PK-05 | 1 |
| Carroll T Overton Elementary School | 3 miles | KG-05 | 1 |
| Harold D Isenberg Elementary | 4 miles | PK-05 | 1 |
| Granite Quarry Elementary School | 5 miles | PK-05 | 5 |
| Elizabeth Duncan Koontz Elementary School | 5 miles | KG-05 | 1 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 400 Boundary Street, East Spencer NC | 0 mi | $600,000 | days | |
| 514 Second Street, Salisbury NC | 0.2 mi | $239,900 | days | |
| 405 Henderson Street, East Spencer NC | 0.4 mi | $235,000 | days | |
| 111 Earnhardt Street, Salisbury NC | 0.7 mi | $269,900 | days | |
| 109 Earnhardt Street, Salisbury NC | 0.7 mi | $269,900 | days | |
| 1013 Trexler Street, Salisbury NC | 0.8 mi | $257,500 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Keller Williams South Park
400 Boundary Street, East Spencer NC is a ft2 on a 1.060 acres Appraisal lot. This is for $600,000. This has 13 bedrooms, baths, and was built in 1990.
Based on information submitted to the MLS GRID as of 2026-05-02 09:35:08 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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