Estimated completion date of 12-5-2024. This all-brick new construction duplex in Albemarle offers several attractive features: Size and Layout: Each side of the duplex boasts 1,931 sq ft with 4 bedrooms and 2.5 bathrooms, providing ample space for families or individuals. Investment Potential: Living in one unit while renting out the other can significantly aid in covering mortgage costs, making it an appealing option for buyers looking to offset their expenses. Multigenerational Living: The spacious layout is ideal for multigenerational families, allowing relatives to live close together while maintaining personal space. Investor Opportunity: For investors, this property offers great potential for rental income.
This is a listing for 18 units - 2 fourplexes and 6 Single family homes all on the same street across the street from each other and 4 more single family homes within a mile. Quad #1- 420, 428, 432, and 436 Davis St / Quad #2- 440, 444, 448, and 450 Davis St / Single Family Homes 431, 435, 439, 443, 451 and 457 Davis St / Single Family Homes 310, 330, 334 West Dr and Single Family Home 719 5th St. All property is in Albemarle. Do not disturb tenants.
The median home value in Albemarle, NC is $284,500. This is higher than the county median home value of $259,040. The national median home value is $338,100. The average price of homes sold in Albemarle, NC is $284,500. Approximately 45.73% of Albemarle homes are owned, compared to 37.78% rented, while 16.49% are vacant. Albemarle real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Albemarle real estate agent to arrange a tour today!
Albemarle, North Carolina has a population of 16,318. Albemarle is less family-centric than the surrounding county with 19.2% of the households containing married families with children. The county average for households married with children is 27.26%.
The median household income in Albemarle, North Carolina is $43,231. The median household income for the surrounding county is $56,462 compared to the national median of $69,021. The median age of people living in Albemarle is 39.6 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 29.3 degrees. The average rainfall is approximately 47 inches per year, with 2.9 inches of snow per year.