1002 Smith St., Albemarle, NC 28001

1002 Smith St., Albemarle, NC 28001
Photo 1 of 30
$291,000
Sold on 2/28/23
Beds Baths Sq. Ft. Taxes Built
4 3.00 1,936 1957
On the market: 42 days
View full details, 15 photos, school info, and price history
REASONS TO BUY A DUPLEX. 1. Your in Law just moved in and you want to save your marriage and your sanity!! Solution, the duplex has no adjoining door and separate utilities. 2. Your marriage is on the rocks but you don’t want to leave the kids. YES buy a duplex and move the X and the kids in Next Door! 3. Your BFF is pushing you to get married, she/he says cheaper for two to live together than separately. Buy a Duplex and move your BFF next door. 4. Buying a duplex is a darn good investment! Your tenant makes part of the mortgage payment and property tax every month for you. WHAT! Possible tax advantages to offset duplex income. 1103 Cardinal, 1935 sq. ft. was partially remodeled 2022. Lg living room with hrwd, tile, laminate flrs, fireplace, pantry, separate laundry, 2 full Bths, 2 Br, possible 3rd child’s room or den, partial basement w/room for work shop. 1002 Smith St. 933 sq. ft. Hdwd flrs, 2 Br. 1Bth. Potential annual income $27,900. Gross return 8%+. Ck Math!
Listing courtesy of Elaine Hollins, Century 21 Russ Hollins, Realtors