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Multifamily Property with Multiple Buildings
For Sale
$285,000

2014 E Main St, Albemarle, NC 28001

Four separate structures include a brick residence, three studio apartments, a manufactured home, and a detached garage or maintenance building.

Property Size1,364 SF
Price / SF$208.94
Days on Market8

Property Features for 2014 E Main St

General Information

Standard status Active
Size 1,364 SF
Property subtype Multi-Unit (2-4)

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Amenities

Lot Size Acres: 0.7
Asphalt Roof
Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
2 Bedrooms
Built in 1957
Property Township: ALBEMARLE TWP
Property Zone Type: 100, Above Area Square Feet: 1364
One Full Bath
Brick Siding

Building Details

Year Built 1957
Buildings 4
Listing Agency: PORT CITY AUCTIONS & ESTATE SERVICES LLC
Listed By: Allison Wise · License #344412
Source: Doyle-realty
Added: Oct 10 Changed: Oct 16 Last Checked: Oct 16 at 8:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PORT CITY AUCTIONS & ESTATE SERVICES LLC

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Investment Insights

Based on property information with market context.

At 2014 E Main Street, the property comprises four separate buildings. The 1,364-square-foot brick residence has 2 bedrooms and 1 bathroom. Another building contains three studio apartments; the site also includes a single-wide manufactured home and a maintenance building or detached garage. One unit is occupied under a month-to-month lease.

The property is along Highway 24/27 in Albemarle. Existing structures connect to city water and sewer. Additional utility tap fees may apply if the use changes. The property is offered in its current condition, and buyers should verify zoning, permitted uses, utility capacity, building details, and rental or occupancy requirements with the relevant authorities.

Key Highlights

  • Four separate buildings on the property
  • Brick home measures 1,364 square feet and has 2 bedrooms and 1 bathroom
  • One building is divided into three studio apartments

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Dental Office HVAC Service Plumbing Service Real Estate Agency Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

267
Businesses Nearby

Demographics for 28001, NC

27,185
Population
12,847
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
88%
High-School Grad
131.4 sq mi
ZIP Area
207
Density / Sq Mi
$55,610
Median Household Income
$36,684
Median Earnings
$823
Median Rent
$194,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four separate structures include a brick residence, three studio apartments, a manufactured home, and a detached garage or maintenance building.
Where is this multifamily property located?
The property is located at 2014 E Main St Albemarle, NC.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Four separate buildings on the property; Brick home measures 1,364 square feet and has 2 bedrooms and 1 bathroom; One building is divided into three studio apartments
More about this property
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