1416 Salisbury Avenue
Albemarle, NC 28001
Est. $8,048/mo — See my rate
$228/Sq Ft
6,144 sqft · $228/sqft
About This Home
Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1,350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units — sold as a package.
Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment — the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros.
Duplexes are among the most resilient asset classes in residential real estate — easy to lease, easy to manage, and hard to overbuild.
Property Details
Interior Details
- Heating
- Electric
- Heat Pump
- Flooring
- Carpet
- Vinyl
- Roomother
- Primary Bedroom
- Bedroom(s)
- Bathroom(s)
- Kitchen
- Living Room
- Laundry
- Laundry Features
- In Kitchen
- Interior Features
- Storage
- Mainlevelgarageyn
- 0
Square Footage And Levels
- Above Grade Finished Area
- 6144
- Below Grade Finished Area
- 0
Parking And Garage
- Parking Features
- Driveway
Exterior Features
- Roof
- Architectural Shingle
- Construction Materials
- Vinyl
Lot And Land
- Lot Size Acres
- 0.93
- Lot Size Units
- Acres
Basement And Foundation
- Foundation Details
- Slab
Utilities
- Sewer
- Public Sewer
- Water Source
- City
Financial Information
- Citytaxespaidto
- Albemarle
Zoning And Restrictions
- Zoningspecification
- R-8
Multi Unit Details
- Total Number Of Units
- 6
Listed by Steven Ross (704-305-3794) · Premier Real Estate Team Inc. (704-796-3433)
Location
- Address
- 1416 Salisbury Avenue
- City
- Albemarle, NC 28001
Schools
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
School assignments may change. Contact the school district to confirm.
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