$545,000
 $2,843 est/mo Sourced by Back At You

503 Coggins Avenue,Albemarle, NC 28001

Albemarle, NC 28001

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Description

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!

Details

MLS #4417579
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1978
Days On Site10
Listing Provided ByEXP Realty LLC Ballantyne | Sheila St Germain

Features

Bed(s)9
Bath(s) 4 Total
SQ Feet3,215
Units4
Acreage0.85

Interior

CoolingCentral Air
HeatingCentral
AppliancesOther

Exterior

Construction MaterialsOther - See Remarks
Foundation DetailsCrawl Space

Parking

Garage Yes / NoNo
Parking FeaturesDriveway

Other

List AorCanopy Realtor Association

Taxes

Property216953

Area Information

StateNC
CountyStanly
CityAlbemarle
Zip Code28001
AreaStanly
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28001)
Price:
$545,000
low | high
Med:
$289,900
96.807339449541% of Average
sqft:
3,215
low | high
Med:
1,898
90.964230171073% of Average
$ / sqft:
$170
low | high
Med:
$153
59.895548465494% of Average
On site:
10
low | high
Med:
126.5
7.905138339921% of Average
Sourced by Back At You

Market Activity 28001

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of September 25, 2026 at 3:23:18 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateNC
CountyStanly
CityAlbemarle
Zip Code28001
AreaStanly
School DistrictUnspecified
Elementary SchoolUnspecified
High SchoolUnspecified
Listing VS Median (in 28001)
Price:
$545,000
low | high
Med:
$289,900
96.807339449541% of Average
sqft:
3,215
low | high
Med:
1,898
90.964230171073% of Average
$ / sqft:
$170
low | high
Med:
$153
59.895548465494% of Average
On site:
10
low | high
Med:
126.5
7.905138339921% of Average
Sourced by Back At You
Listing Updated: September 21, 2026 at 11:25:38 AM PDT