Albemarle · Albemarle, NC
1214 Pee Dee Avenue
Albemarle, NC · 2,406 sqft
$144,900
Reduced from $149,900
- 6Beds
- 4.5Baths
- 2,406SqFt
- 1940Year
- 352Days on market
About this home
Here is a blank slate waiting for you in Albemarle! The property was formerly zoned GHB and had been converted into commercial and apartment use. It has recently been rezoned RO which allows residential or office use in the space. The building has been gutted and is ready to be repurposed. The City is in the process of approving proposed plans for a quadplex.
Property details
- Beds
- 6
- Baths
- 4.5
- SqFt
- 2,406
- Lot
- —
- Year built
- 1940
- Type
- Single Family
- Days on market
- 352
- Garage
- 2
- Heating
- None
- Cooling
- None
- Foundation
- Basement
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,066/ month
- Principal & interest
- $897
- Property tax (~1.05%)
- $126
- Homeowners insurance
- $42
- HOA dues
- —
Down payment
$7,245 down · $137,655 financed
Income to qualify (28% rule)
~$45,705 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.