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1416 Salisbury Avenue
Albemarle NC 28001 US

$1,400,000

Active Listing ID 4315800
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Lot: 0.93 Acres
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Other

$1,400,000

Active Listing ID 4315800
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1416 Salisbury Avenue Rare chance to acquire a portfolio of three duplexes (six total units) located in the growing city of Albemarle, North Carolina. All units are currently renting at $1, 350 per door, providing reliable, predictable income from day one. 3 total buildings / 6 total units - sold as a package. Albemarle is a fast-developing regional hub within commuting range of Charlotte, yet still offers residents the small-town comfort investors love: expanding job market, affordable cost of living, quality schools, and proximity to lakes, parks, and outdoor recreation (Morrow Mountain, Badin Lake, Uwharrie National Forest). The city has been steadily attracting both residents and small business investment - the exact formula that supports long-term rent growth. This is the ideal play for investors seeking cash flow in a growth corridor without the volatility and pricing wars of the major metros. Duplexes are among the most resilient asset classes in residential real estate - easy to lease, easy to manage, and hard to overbuild.

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Property Features

  • Facts
  • Lot Size: 0.93 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Cooling System: Electric
  • Floor Covering: Vinyl, Carpet
  • Roof Type: Shingle
  • Heating Fuels: Electric (Heating), Heat Pump (Heating)

School Information

  • School
  • Unspecified(Elementary)
  • Unspecified(MiddleSchool)
  • Unspecified(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1400000
  • unparsedaddress: 1416 Salisbury Avenue
  • postalcity: Albemarle
  • stateorprovince: NC
  • country: US
  • postalcode: 28001
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.93
  • lotsizeunits: Acres
  • lotsizearea: 0.93
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 35.369497
  • longitude: -80.210503
  • listagentfullname: Steven Ross
  • listagentemail: premiersr77@gmail.com
  • listagentkey: 3yd-CMLSNC-21260
  • listagentmlsid: 21260
  • listagentpreferredphone: 7043053794
  • listagentofficephone: 7043053794
  • listofficekey: 3yd-CMLSNC-2126
  • listofficemlsid: 2126
  • disclaimer: Copyright © 2025 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.
  • sourcesystemid: CMLSNC
  • yearbuilt: 2025
  • listingcontractdate: 2025-10-23
  • countyorparish: Stanly
  • parcelnumber: 653904911640
  • elementaryschool: Unspecified
  • highschool: Unspecified
  • appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator with Ice Maker
  • cooling: Electric
  • constructionmaterials: Vinyl
  • flooring: Vinyl, Carpet
  • heating: Electric (Heating), Heat Pump (Heating)
  • numberofunitstotal: 6
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Storage
  • otherstructures: Storage
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -80.2105, 35.369495
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier Properties & Investmen", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"premiersr77@gmail.com", "ListBrokerageCity":"Concord", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Premier Properties & Investmen", "ListBrokeragePhone":"(704) 792-1900", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"2200 Kannapolis Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"210 Oak Ave. ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2126", "ListOfficeCity":"Kannapolis", "ListOfficeCountry":"USA", "ListOfficeEmail":"premierrealestateteam90@gmail.com", "ListOfficePostalCode":"28081", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Albemarle, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1416-Salisbury-Ave_Albemarle_NC_28001_M93572-09205?f=listhub&s=CMLSNC&m=4315800&c=rexren", "MLSModificationTimestamp":"2025-10-23 20:55:05", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/24/2025 12:14:17 AM GMT
Source Updated Date: 12/9/2025 6:41:51 PM GMT

Courtesy of: Steven Ross, Premier Real Estate Team Inc., premiersr77@gmail.com

Copyright © 2025 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.