
Seller's Agent in 2021
Lee Allen
Corcoran HM Properties
(980) 581-1055
89 Total Sales
Fantastic Triplex located just 3 blocks from the new Peiffer campus site in downtown Albemarle. Located on the corner lot of historic Pee Dee Ave and 7th Street. Each unit features 2 bedrooms and 2 baths. Front porches on all units. Currently all units are occupied with month to month leases. Current Gross Cap Rate at list price = 7.25%. (Current gross income for all 3 units = $19,200/year) With modifications to market rates($875/unit) for all leases Gross Cap Rate could be 11.9%!! Units are in great condition - Out of respect to tenants, please schedule appointments with plenty of notice to view units. Perfect opportunity for investment and diversification of your portfolio.
Last Agent to Sell the Property
Corcoran HM Properties License #211466 Listed on: 08/19/2021
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/17/2021 09/17/21 | Sold | $259,900 | -1.9% | $93 / Sq Ft |
08/29/2021 08/29/21 | Pending | -- | -- | -- |
08/19/2021 08/19/21 | For Sale | $264,900 | -- | $94 / Sq Ft |
Seller's Agent in 2021
Lee Allen
Corcoran HM Properties
(980) 581-1055
89 Total Sales
Buyer's Agent in 2021
Carmady Kruger
Lantern Realty & Development LLC
(704) 223-4842
94 Total Sales
Source: Canopy MLS (Canopy Realtor® Association)
MLS Number: CAR3775744