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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1416 Salisbury Ave , Albemarle, NC 28001
$1,400,000
Est. Payment: $3,111.11/mo
0 Bed
0 Bath
6144 Sqft
Status: Active | Days on site: 27
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2126 - 21260
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House Description

Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1,350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units — sold as a package. Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment — the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros. Duplexes are among the most resilient asset classes in residential real estate — easy to lease, easy to manage, and hard to overbuild.

Highlights

Listed by Steven Ross , 704-305-3794 Premier Real Estate Team Inc. , 704-796-3433.

Property Type

Multi-Family

Lot/Acreage
0.93

Year Built

2025

County

Stanly

Listing ID

4315800

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Appliances:Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker
Air Cond:Electric
Fireplaces:
Floor:Carpet,Vinyl
Above Ground Sq Ft:6144
Below Ground Sq Ft:0
Other:
  • Additional:Storage
Water:City

Exterior Features

Roof:Architectural Shingle
Sewer:Public Sewer
Parking Features:Driveway
Principal Interest
$3,111
Taxes
$893

Home Price

$1,400,000

Loan Details

30 yrs
%

Down Payment

20%
$280,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,111.11

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,111.11 $892.50 $0.00 $4,003.61
Yearly $37,333.33 $10,710.00 $0.00 $48,043.33
Total $1,120,000.00 $321,300.00 $0.00 $1,441,300.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Albemarle, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.