Albemarle · Albemarle, NC
603 S 4th Street
Albemarle, NC · 1,225 sqft
$175,000
- 3Beds
- 1Baths
- 1,225SqFt
- 1941Year
- 1Days on market
About this home
Investor special in the heart of Albemarle. Situated on a large corner lot with 0.39 acres, this property offers potential for renovation, rental income, or possible future redevelopment opportunities (buyer to verify subdivision/zoning possibilities with the City of Albemarle).
The home features over 1,100 square feet with 2 bedrooms, 1 bath, high ceilings, hardwood floors in some areas, a covered front porch, detached carport, and spacious backyard. Ideal opportunity for investors, flippers, or buyers looking for a project with upside potential.
Conveniently located just 1/2 mile to downtown Albemarle including local shopping, restaurants, and local parks. Property is currently tenant occupied on a month-to-month basis. Please do not disturb.
For interior photos, please reach out to co-list agent.
Property details
- Beds
- 3
- Baths
- 1
- SqFt
- 1,225
- Lot
- —
- Year built
- 1941
- Type
- Single Family
- Days on market
- 1
- Heating
- None
- Cooling
- Ceiling Fan(s), N/A
- Foundation
- Crawl Space
- Flooring
- Vinyl, Wood
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,288/ month
- Principal & interest
- $1,083
- Property tax (~1.05%)
- $153
- Homeowners insurance
- $51
- HOA dues
- —
Down payment
$8,750 down · $166,250 financed
Income to qualify (28% rule)
~$55,200 / 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.