503 Coggins AVE
Single Family Home $ 545,000

503 Coggins AVE

Albemarle, NC 28001

  • 9 Beds
  • 4 Baths
    Full Baths: 4
  • 3,215 SqFt
  • 0.85 Lot Size
  • 1978 Year Built
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!
Listed by Sheila St Germain of EXP Realty LLC Ballantyne

PROPERTY DETAIL

  • Key Details

    Property Type Single Family Home

    Sub Type Portfolio

    Listing Status Active

    Purchase Type For Sale

    Square Footage 3, 215 sqft

    Price per Sqft $169

    MLS Listing ID 4417579

    Bedrooms 9

    Full Baths 4

    Abv Grd Liv Area 3,215

    Year Built 1978

    Lot Size 0.850 Acres

    Acres 0.85

    Property Sub-Type Portfolio

  • Location

    State NC

    County Stanly

    Zoning R-8

  • Building

    Dwelling Type Site Built

    Foundation Crawl Space

    Sewer Public Sewer

    Water City

    Structure Type Other - See Remarks

    New Construction false

  • Interior

    Heating Central

    Cooling Central Air

    Appliance Other

    Laundry Other - See Remarks

  • Exterior

    Street Surface Other,Paved

    Garage false

  • Schools

    Elementary Schools Unspecified

    Middle Schools Unspecified

    High Schools Unspecified

  • Others

    Pets Allowed Conditional

    Senior Community false

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition None

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CONTACT

Sheila St Germain

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