Albemarle · Albemarle, NC
306 Burleson Street
Albemarle, NC · 1,292 sqft
$228,000
- 2Beds
- 1Baths
- 1,292SqFt
- 1948Year
- 1Days on market
About this home
306 Burleson Street is a 2 bedroom 1 bath brick ranch that has been updated. It has a metal roof, a spacious front porch, replacement windows and a heat pump installed in 2021. Currently used as a rental property, this is a great home for someone looking for an affordable well maintained home or for an investor wanting a property with a proven rental history. The current tennant is renting month to month and only needs a 30 day notice to vacate if a buyer wants it for personal use. More pictures will be uploaded soon.
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 1,292
- Lot
- —
- Year built
- 1948
- Type
- Single Family
- Days on market
- 1
- Heating
- Electric
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,678/ month
- Principal & interest
- $1,412
- Property tax (~1.05%)
- $199
- Homeowners insurance
- $66
- HOA dues
- —
Down payment
$11,400 down · $216,600 financed
Income to qualify (28% rule)
~$71,917 / 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.