503 Coggins Avenue Albemarle, NC $ 545,000
503 Coggins Avenue
$ 545,000
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503 Coggins Avenue

Albemarle, NC, 28001
$ 545,000
Bedrooms9 Baths4.0 Sq 3,215

Monthly Estimate*

$ 3,764

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Multi-Family Home for sale in Albemarle, NC

for $545,000 with 9 bedrooms and 4 full baths. This 3,215 square foot home was built in 1978 on a lot size of 0.85.

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!

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Multi-Family Active

Price

$ 545,000

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.85

Year Built

1978

Town/City

Albemarle

County/Region

Stanly

MLS | Web ID

4417579

Features
General
Living Area 3215
Sewer Public Sewer
Heating Central
Cooling Central Air
Appliances Other
Construction Materials Other - See Remarks
Pets Allowed Conditional
Year Built 1978
Tenant Pays All Utilities
Property Subtype Portfolio
Parcel Number 6548-04-83-5629
Additional Parcels Description 654804629027 654803425376 654803426303
County Stanly
New Construction N
Property Type Residential Income
HOA N
Subdivision Name None
Garage Y/N N
Full Baths 4
High School Unspecified
City Albemarle
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Standard Status Active
Construction Type Site Built
Tax Assessed Value 216953
Listing Terms Cash Conventional
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Exterior
Parking Features Driveway
Water Source City
Lot Size Area 0.85
Foundation Details Crawl Space
Building Area Total 3215
Road Surface Type Other Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Interior
Basement (Y/N) N
Above Grade Finished Area 3215
Half Baths 0
Laundry Features Other - See Remarks
Total Bedrooms 9
Below Grade Finished Area 0
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Exp Realty Llc Ballantyne

Broker

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$3,764
Per Month
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Monthly Principal & Interest
$3,764
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
9/15/2026$545,000 Listed Price

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503 Coggins Avenue, Albemarle, NC, 28001 is a Multi-Family Home for sale at $545,000 with 3,215 sqft and a lot size of 0.85. 503 Coggins Avenue has 9 bedrooms, 4.0 baths, and was built in 1978. The property's zip code is 28001 which is in Albemarle, NC