Homes for sale - 1416 Salisbury AVE, Albemarle, NC 28001

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Tyler Coon

tyler@savvy.realty +1(828) 620-2541

$1,400,000

Est. payment - /mo

6,144 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Portfolio

Listing Status Active

Purchase Type For Sale

Square Footage 6,144 sqft

Price per Sqft $227

MLS Listing ID 4315800

Construction Status Completed

Abv Grd Liv Area 6,144

Year Built 2025

Lot Size 0.930 Acres

Acres 0.93

Property Sub-Type Portfolio

Property Description

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.

Location

State NC

County Stanly

Zoning R-8

Interior

Interior Features Storage

Heating Electric, Heat Pump

Cooling Electric

Flooring Carpet, Vinyl

Fireplace false

Appliance Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker

Laundry In Kitchen

Exterior

Roof Type Architectural Shingle

Street Surface Concrete,Paved

Garage false

Building

Dwelling Type Site Built

Foundation Slab

Sewer Public Sewer

Water City

Structure Type Vinyl

New Construction true

Construction Status Completed

Schools

Elementary Schools Unspecified

Middle Schools Unspecified

High Schools Unspecified

Others

Pets Allowed Conditional

Senior Community false

Special Listing Condition None

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Listed by Steven Ross • Premier Real Estate Team Inc. • premiersr77@gmail.com

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Tyler Coon

+1(828) 620-2541

Founder & CEO | License ID: 313885

Founder & CEO License ID: 313885

1416 Salisbury AVE Albemarle, NC 28001

Tyler Coon

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1416 Salisbury AVE