Salisbury · Salisbury, NC
515 E Torbush Drive
Salisbury, NC · 780 sqft
$135,900
- 2Beds
- 1Baths
- 780SqFt
- 1950Year
- 2Days on market
About this home
If you are looking for a great investment opportunity, look no further. Located in the up and coming Town of East Spencer, this 2 bedroom, 1 bath home is being sold together with an adjacent lot totaling over 3 acres of land! Whether you are looking to fix and flip, buy and hold, or build upon the adjacent lot, this property offers the flexibility for both long or short term growth to be added to your investment portfolio.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 780
- Lot
- —
- Year built
- 1950
- Type
- Single Family
- Days on market
- 2
- Heating
- Central, Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
- Flooring
- Carpet, Linoleum
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,000/ month
- Principal & interest
- $841
- Property tax (~1.05%)
- $118
- Homeowners insurance
- $39
- HOA dues
- —
Down payment
$6,795 down · $129,105 financed
Income to qualify (28% rule)
~$42,866 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.