Excellent opportunity in the Central Business District of Albemarle! This property is located in the same block as the Pfeiffer University For Health Sciences building. The building is currently used for commercial use but was formerly used as a 5 bedroom, 3 bath home. It can easily be converted back to residential. Also, there is over 800 square feet of unfinished basement space with a separate entrance. It could be converted to a 2 bedroom apartment for students or utilized as additional commercial space for professionals desiring to work downtown. On the property is another building that was formerly used as an upholstery operation. It is 1200 square feet. The main building has been recently remodeled.
**Seller offering 1.5% in closing costs or up to 3% if using preferred lender. The perfect blend of cash flow and flexibility with this newly constructed duplex. Each spacious unit offers over 1,300 square feet - featuring 3 bedrooms, 2.5 baths, open-concept living areas, modern kitchens with islands, dedicated laundry, and private outdoor patio options. Whether you're an investor seeking strong rental demand or a buyer looking to house hack, this property checks all the boxes. Live in one side and rent the other to offset your mortgage, or add a turnkey income-producing asset to your portfolio with two highly desirable floorplans under one roof. Conveniently located just minutes from downtown Albemarle, local dining, shopping, parks, and major commuter routes. Don't miss this rare opportunity to own a brand-new duplex designed for modern living and long-term investment success! New construction comes with: 6-year Structural Warranty 1-year Builder Warranty 1-year Mechanical Warranty
**Seller offering 1.5% in closing costs or up to 3% if using preferred lender. The perfect blend of cash flow and flexibility with this newly constructed duplex. Each spacious unit offers over 1,300 square feet - featuring 3 bedrooms, 2.5 baths, open-concept living areas, modern kitchens with islands, dedicated laundry, and private outdoor patio options. Whether you're an investor seeking strong rental demand or a buyer looking to house hack, this property checks all the boxes. Live in one side and rent the other to offset your mortgage, or add a turnkey income-producing asset to your portfolio with two highly desirable floorplans under one roof. Conveniently located just minutes from downtown Albemarle, local dining, shopping, parks, and major commuter routes. Don't miss this rare opportunity to own a brand-new duplex designed for modern living and long-term investment success! New construction comes with: 6-year Structural Warranty 1-year Builder Warranty 1-year Mechanical Warranty
BOTH units are currently rented/occupied for $1,495/mo per side. **Seller offering 1.5% in closing costs or up to 3% if using preferred lender. The perfect blend of cash flow and flexibility with this newly constructed duplex. Each spacious unit offers over 1,300 square feet - featuring 3 bedrooms, 2.5 baths, open-concept living areas, modern kitchens with islands, dedicated laundry, and private outdoor patio options. Whether you're an investor seeking strong rental demand or a buyer looking to house hack, this property checks all the boxes. Live in one side and rent the other to offset your mortgage, or add a turnkey income-producing asset to your portfolio with two highly desirable floorplans under one roof. Conveniently located just minutes from downtown Albemarle, local dining, shopping, parks, and major commuter routes. Don't miss this rare opportunity to own a brand-new duplex designed for modern living and long-term investment success! New construction comes with: 6-year Structural Warranty 1-year Builder Warranty 1-year Mechanical Warranty
Turnkey Duplex – Live in One Side, Rent the Other or Maximize Your Investment! Don't miss this beautifully updated duplex offering the perfect blend of homeownership and income potential. Whether you're looking to offset your mortgage by living in one unit while renting the other, or expand your investment portfolio with two rental units, this property is ready to go. Both units feature updated bathrooms, separate HVAC systems, separate utility meters, and laundry hookups, making management simple and convenient. The charming covered front porch provides the perfect place to relax after a long day as well as the beautiful backyard offering room to entertain, garden, or unwind, with secure rear parking accessed through an electric gate for added privacy and convenience. Located just minutes from shopping, restaurants, Atrium Health Stanly, downtown Albemarle, and Pfeiffer University's Albemarle campus, this property is ideally positioned for homeowners, long-term tenants, or traveling professionals. Whether you're a first-time investor or searching for a low-maintenance income-producing property, this duplex checks all the boxes.
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.
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.
