503 Coggins Avenue
Property 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!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $545,000 |
| No. of Units: | 4 |
| Year Built: | 1978 |
| Opportunity Zone: | No |
| Price per unit: | $136,250 |
| Property Website | Click Here |
| Number of Bedrooms: | 9 |
| Number of Bathrooms: | 4 |
ID: 3yd-CMLSNC-4417579
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