About This Home

This 9-bedroom, 4-bathroom residential multi family at 503 Coggins Avenue in Albemarle, NC is listed for $545,000. Built in 1978, on a 0.85 acres lot.

Key Features

  • Built in 1978
  • 0.85 acre lot

Property Details

4 full
1978

Amenities

A/C
Listing 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!

Monthly Cost Estimate

$2,915/mo

20% down · 6.5% · 30 years

Principal$394
Interest$2,362
Insurance$159

Estimates only. Actual payments may vary.

Location

503 Coggins Avenue

Albemarle, NC 28001

Property Details

Parking

Driveway

Heating

Central

Cooling

Central Air

Questions & Answers

This 9-bedroom, 4-bathroom residential multi family at 503 Coggins Avenue is listed at $545,000. The estimated monthly payment is $2,915 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.85 acre lot.

This property is listed by Sheila St Germain.

SG

Sheila St Germain

Agent at Don Anthony Realty, LLC

Listed by Don Anthony Realty, LLC · Broker phone: (888) 388-4377 · View on Broker Site · Broker website

MLS# 4417579· Source: Canopy MLS· 68 days on PropertySimple

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

503 Coggins Avenue, Albemarle, NC 28001

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