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.
Eye popping new price ! Due to change in sellers plans home is now offered at this fabulous price , perfect place to down size, rent one side , live in the other . Or put tenants in both sides and rake in the income. This Duplex is turnkey ready. Newer roof , updated baths , laundry hook ups in both units, separate meters and HVAC units too. Relax on covered front porch or grill out in private back yard, parking is behind the home thru elect gate excellent for security and privacy. Super location close to shopping, the Hospital , restaurants and entertainment, also near the new Pfeiffer campus.
BACK ON MARKET DUE TO NO FAULT OF SELLER, buyer financing fell through! Discover a fantastic income producing opportunity less than a mile from historic Downtown Albemarle and under 10 minutes to shopping and conveniences like Lowe’s, Walmart, Belk, and more. This beautifully renovated duplex (updates within the last 6 years) offers over 2,100 sq ft with 4 bedrooms and 3 full baths across two spacious units. Unit A features 2 bedrooms, 1 full bath, a bright kitchen, dining room, living room, laundry closet, and private access to a charming wraparound rocking chair front porch. Unit B offers 2 bedrooms and 2 full baths, one of which is a true primary with ensuite bath, plus an eat-in kitchen, living room, laundry room and mudroom. With separate driveways for parking, this property offers flexibility and privacy for tenants or the perfect setup for an owner to live in one side while renting out the other. With proven rental history and a prime location, this duplex is a smart addition to any portfolio. Unit A is currently rented, please do not disturb the tenant.
Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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Albemarle is located in North Carolina. Albemarle, North Carolina has a population of 16,318. Albemarle is less family-centric than the surrounding county with 19.2% of the households containing married families with children. The county average for households married with children is 27.26%.
The median household income in Albemarle, North Carolina is $43,231. The median household income for the surrounding county is $56,462 compared to the national median of $69,021. The median age of people living in Albemarle is 39.6 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 47 inches per year, with 2.9 inches of snow per year.
