February 16, 2018

A New Price Makes This ca.1910 Restoration Even More Attractive!

Greg Rapp, historic property expert in Salisbury NC, has this wonderful home in a prime location in the prestigious West Square Historic District in Salisbury North Carolina on the market...and it is now offered at a NEW PRICE!!!  All this vintage house for $82,500!!



313 West Fisher Street is a solid ca.1910 2.5-story frame house nestled into a neighborhood of homes that attracts visitors from far and wide: Salisbury's Historic West Square. (The West Square is formally known as the Salisbury Historic District and was the first neighborhood here to be designated as a historic district on the National Register of Historic Places in 1975).

(Read the Salisbury Historic District Inventory, National Register of Historic Places here: http://www.hpo.ncdcr.gov/nr/RW0052.pdf)

This once marvelous home is a blank slate waiting for a buyer with vision and vivacity to restore it to its original grandeur.  At some unfortunate point in time, this nearly 4,000 square-foot house was divided into 3 apartments and will need complete rehabilitation and restoration. Fortunately, most of the original woodwork and floors remain. The home will need a new kitchen, baths, and mechanicals. A new roof installed in 2017 has stabilized the home.  The asking price, now $82,500, reflects the work that must be done here (tax value at 313 W. Fisher Street is $167,579) and it is bound to be worth it! 

313 W. Fisher Street is in a fabulous location just doors from the Rowan Public Library, and blocks from the historic downtown center of Salisbury. A large central park is planned across the street, expanding on where the small landmark Bell Tower Park currently exists.  Work has already begun on this sure-to-be-lovely central green-space in the downtown. You might be able to already picture yourself enjoying summer evenings on the wrap-around porch overlooking the park.

This home is surrounded by some of Salisbury's finest historic homes and is just waiting to join its peers! And not only is this grand vintage home priced well below its tax value of 167K, it is additionally is eligible for exterior grants through the City of Salisbury's Historic Preservation Grant program.  This home's restoration will be additionally be eligible for North Carolina Historic Tax Credits.



These fine homes are neighbors of 313 W. Fisher Street


The Historic Salisbury Foundation is the owner of 313 W. Fisher Street, therefore the home is protected by covenants and deed restrictions. The neighborhood is zoned Historic Residential, so apartments are no longer and option for this home - it must be restored to a single family dwelling. The home is 'Sold As Is'.

313 W. Fisher Street, a prime address in Salisbury, North Carolina, is just waiting for the right person to breathe new life into its historic bones. At $82,500 and a new roof, a new beginning is within sight! To assess this fine potential yourself, be sure to call Greg Rapp with Wallace Realty. Also a restorer of antique homes, Greg can give you honest dialogue about the project at hand.

Contact Greg Rapp at 704.213.6846 and make your appointment to be the next award-winning restoration project in Salisbury NC - at 313 W. Fisher Street.






313 W. Fisher Street
Salisbury NC 28144
CMLS#3349711
$82,500






Greg Rapp 
Wallace Realty Co. 
704 213 6846 Mobile 
704 636 2021 Office 
www.realestatesalisbury.net 





No comments:

Post a Comment