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4-Unit Residential Income Portfolio
For Sale
$545,000

503 Coggins Ave, Albemarle, NC 28001

Every unit is occupied, and rental history and income/expense reports are available.

Property Size3,215 SF
Price / SF$169.52
Days on Market53

Property Features for 503 Coggins Ave

General Information

Standard status Active
Size 3,215 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4
Listing Agency: EXP Realty LLC Ballantyne
Listed By: Sheila St Germain · License #277315
Source: Exprealty
Added: Aug 24 Changed: Oct 13 Last Checked: Oct 13 at 2:20AM

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 EXP Realty LLC Ballantyne

Investment Insights

Based on property information with market context.

This residential income portfolio comprises four occupied units totaling 3,215 square feet. Rental history and income/expense reports are available for review.

The properties are located at 503 Coggins Ave in Albemarle, North Carolina. Nearby destinations include downtown dining and shops, parks, and local wineries; Badin Lake and Lake Tillery are also cited as weekend destinations.

Key Highlights

  • Four units, all occupied
  • 3,215 square feet across the portfolio
  • Rental history and income/expense reports available

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Dental Office HVAC Service Barber Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Catering 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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

472
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
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Frequently Asked Questions

What type of property is this?
Residential income property - Every unit is occupied, and rental history and income/expense reports are available.
Where is this residential income property located?
The property is located at 503 Coggins Ave Albemarle, NC.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Four units, all occupied; 3,215 square feet across the portfolio; Rental history and income/expense reports available
More about this property
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