Ed Cashwell
ABR, CRS, GRI
BEDS9
BATHS4 full
SQUARE FEET3,215
MLS#4417579
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
Property Description
Turnkey investment opportunity in the heart of Albemarle! This prime multi-property portfolio features four fully occupied units generating a reliable, robust annual income of $55,800. With low operating overhead and strong historical performance, this portfolio offers immediate cash flow and strong upside potential for savvy investors or portfolio builders. Positioned in a high-demand rental pocket, tenants enjoy unmatched convenience to historic downtown Albemarle's local dining and shops, nearby parks, local wineries, and quick weekend access to Badin Lake and Lake Tillery. Complete rental history and detailed income/expense reports are available upon request?step right into a streamlined, income-producing asset without missing a beat!
Property Features
Property Type: Multi Unit - Multiple
Heating: Central
Lot Size: 0.85 Acres
Year Built: 1978
Feature Descriptions
Appliances: Other
Days on Site: 37
Exterior: Other - See Remarks
Foundation: Crawl Space
Laundry: Other - See Remarks
Parcel#: 6548-04-83-5629
Parking: Driveway
Pets Allowed: Conditional
Sewer: Public Sewer
Units: 4
Water: City
Local Schools
High School: Unspecified
Middle School: Unspecified
Elementary School: Unspecified
Listed By / Shown By
Listed By
Agency Name: EXP Realty LLC Ballantyne
Agency Contact: 704-438-8339
Shown By
Agent Name: Ed Cashwell
Agent Phone: Cell: (980) 808-9658
Agency Title: Lake Norman Realty
Estimate Your Payment
Estimated Payment
$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's InsuranceChange Payment Information
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503 Coggins Avenue | MLS# 4417579
This multi-family property located at 503 Coggins Avenue, Albemarle, NC 28001 is currently listed for sale with an asking price of call for price. Search Albemarle real estate on edc.lakenormanrealty.com today.