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3-Unit Residential Triplex

318 Harwood Street, Albemarle, NC 28001

For Sale
New
$225,000

All three residences are vacant, leaving rental arrangements to be established by the next owner.

Property Size1,920 SF
Lot Size0.36 Acres
Price / SF$85.68
Days on Market5

Property Features for 318 Harwood Street

General Information

Standard status Active
Size 1,920 SF
Lot size 0.36 Acres
Property subtype Triplex

Units

Unit Mix 1 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 3

Amenities

Public Sewer
Additional parcels description:, Parcel Number: portion of 653804936227, Assessed Value: $137,913
Carpet, Linoleum, Wood
Window Unit(s)
Other - See Remarks
Electric Dryer Hookup, Washer Hookup
Listing ID: CAR4441876, Standard Status: Active, MLS Status: Active, Property Subtype: Triplex, 1 day on market, Special Conditions: None
Driveway, On Street
Elementary School: Central Albemarle, Middle School: Albemarle, High School: Albemarle
4 total bedrooms
Built in 1920, Living area: 2626, Construction Materials: Vinyl
County/Parish: Stanly
3 full bathrooms
Water Source: City
Crawl Space
Allowed: Yes
Road Responsibility: Publicly Maintained Road, Road Surface: Dirt, Paved
Patio/Porch Features: Covered, Front Porch, Wrap Around
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer

Building Details

Building Size 1,920 SF
Year Built 1920
Listing Agency: HOMETOWN REALTY PROS LLC
Listed By: Amanda Cody · License NC #217780
Source: Blackstreaminternational
Added: Nov 10 Changed: Nov 12 Last Checked: Nov 12 at 2:21PM

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 HOMETOWN REALTY PROS LLC

Rey
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Investment Insights

Based on property information with market context.

This 2,626-square-foot triplex in Albemarle, North Carolina, contains three residences: one with two bedrooms and one bathroom, plus two one-bedroom, one-bathroom units. The building dates to 1920. Window units provide heating and cooling, and the property is offered in its current condition without seller repairs or improvements.

Approximately 0.36 acres will be conveyed from a larger tract. A new survey has been completed and is available for review. All three units are vacant.

Key Highlights

  • Three units: one 2‑bedroom/1‑bathroom residence and two 1‑bedroom/1‑bathroom residences
  • 2,626 square feet; built in 1920
  • All three units are vacant

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

390
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
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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?
Triplex - All three residences are vacant, leaving rental arrangements to be established by the next owner.
Where is this triplex located?
The property is located at 318 Harwood Street Albemarle, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Three units: one 2‑bedroom/1‑bathroom residence and two 1‑bedroom/1‑bathroom residences; 2,626 square feet; built in 1920; All three units are vacant
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