Views
Address
28263 NC Hwy 24/27 Highway Albemarle, NC
Price
$ 575,000
Property Attributes
  • ID#3765135
  • TypePending
  • CountySTANLY
  • CityAlbemarle
  • AreaStanly County
  • Zip28001
  • StyleTraditional
  • Price$ 575,000
  • Bedrooms16
  • Full Bathrooms8
  • Half Bathrooms8
  • Sqr Footage7168
  • Lot Size2.27 Acres
Listing Provided Courtesy Of:
The Clark Group Real Estate Service LLC
Data Source:
Canopy MLS
Property Description

WE HAVE MULTIPLE OFFERS AND SELLER IS CALLING FOR BEST OFFERS TODAY (7/26) BY 6:00 PM. GREAT INVESTMENT OPPORTUNITY TO OWN THIS 8 UNIT TOWNHOME/APARTMENT COMPLEX CONVENIENTLY LOCATED ON HWY 24/27 WITH ACCESS TO ALBEMARLE, CONCORD, AND CHARLOTTE. THE OWNER HAS INVESTED IN IMPROVEMENTS THROUGHOUT INCLUDING NEW ROOF (2019), HVAC, FLOOR COVERINGS, APPLIANCES, AND HOT WATER HEATERS IN MANY UNITS. RENTAL RATES HAVE INCREASED AND UPDATES ARE DONE WHEN UNITS TRANSITION. COUNTY WATER, DUMPSTER, LAWN MAINTENANCE, AND EXTERIOR LIGHTING ARE PAID FOR BY THE OWNER. TENANTS ARE RESPONSIBLE FOR ALL OTHER UTILITIES. THE PROPERTY HAS EXCELLENT, CONSISTENT RENTAL HISTORY AND CASH FLOW. GREAT AREA FOR FUTURE GROWTH AND EMPLOYMENT OPPORTUNITIES FOR TENANTS SUCH AS CHARLOTTE PIPE & FOUNDRY MOVE TO NEARBY OAKBORO. PLEASE DO NOT DISTURB THE TENANTS. INTERIOR VIEWS WILL BE ALLOWED IF WE HAVE A VACANT UNIT, OTHERWISE, ALL INTERIOR VIEWS AND INSPECTIONS WILL BE DONE DURING THE DUE DILIGENCE PERIOD.

Elementary School Middle School High School
Unspecified Elementary School Unspecified Middle School Unspecified High School
Price History
7/22/2021 Listed $575,000

General Features

Appliances Electric Range, Refrigerator
Architectural Style Traditional
Car Hoasubjectto None
City Albemarle
Construction Materials Brick
Construction Type Site Built
County Stanly
Days on Market 4
Elementary School Unspecified
Flooring Carpet, Laminate, Vinyl
Heating Heat Pump, Heat Pump
High School Unspecified
Middle/Junior High School Unspecified
New Construction No
Pets Allowed No
Property Features Range/Oven, Refrigerator
Property SubType Multi-Family
Property Type Residential Income
Rent Includes Exterior Maintenance, Garbage Pick-up, Outdoor Lighting, Water
Sewer Septic Installed
Standard Status Pending
Street Name NC Hwy 24/27
Structure Type Eightplex
TaxAssessedValue 377408
Tenant Pays All except water
Total Units 8
Year Built 1972
Zoning Description Mul fam

Interior Features

Full Baths 8
Half Baths 8
Laundry Features Main Level
Living Area 7168
Number Of Completed Units Total 8
Street Suffix Highway
Total Bedrooms 16
Water Heater Electric

Exterior Features

Building Area Total 7168
Foundation Details Slab
Lot Size Area 2.27
Main Level Garage YN No
Parking Features Driveway
Road Responsibility Public Maintained Road
Road Surface Type Gravel
Water Source County Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 28001

Price
AVG $250K
$580K
Visits
AVG 150
18
Year Built
AVG 1965
1972

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