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$825,000

Beds
Unknown
sq ft
6,127

227 Mitchell Avenue, Salisbury, NC 28144

227 Mitchell Avenue

Salisbury, NC 28144

  • 180 days on market
    • Price drop $44,900↓
Six unit apartment building centrally located in Salisbury, NC. Each unit is one bed and one bath with four of the units measuring 1037 square feet and the other two coming out to 718 square feet. The complex is 100% occupied and is a great opportunity for potential investors. Please see attached documents for more information! BRAND NEW ROOF JUST INSTALLED!

Details

Property type

Apartment

Est. home value

$360,134

Lot size

Unknown

Price per sq ft

$135

Year built

1945

Price History

11/18/2024
CanopyMLS

CanopyMLS #4154532

Price change
$825,000
-5.16%
06/25/2024
CanopyMLS

CanopyMLS #4154532

Listed
$869,900

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of North Carolina

Loan start date

May 2014

Original loan amount

$240,000

Est. remaining balance

Not provided

Interest rate

3.32%

Loan type

Commercial, 10 year

Seller

Blair Mitchell Properties Llc

Lender

Citizens South Bank

Loan start date

December 2007

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

6.26%

Loan type

Commercial

Seller

Blair Mitchell Properties Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/23/2024 at 5:20 AM

Listing updated: 12/05/2024 at 10:19 AM

Listed by: Cathy Griffin, Century 21 Towne and Country Phone #: (704) 637-7721

MLS: CanopyMLS #4154532

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