Albemarle · Albemarle, NC
1622 W Park Avenue
Albemarle, NC · 864 sqft
$105,000
- 2Beds
- 1Baths
- 864SqFt
- 1938Year
- 1Days on market
About this home
INVESTOR ALERT! This charming, original-condition property at 1622 W Park Ave in Albemarle, NC, is a true investor's dream, offering boundless potential for a profitable flip or a long-term rental hold. Built in 1938, this 2-bedroom, 1-bathroom house sits on a generous 0.17-acre lot and is ready for a complete transformation. The interior offers a compact, efficient layout of 864 square feet, serving as a perfect blank canvas for modern updates. A highly desirable feature is the detached 2-car garage, which presents an excellent opportunity for renovation to significantly boost the property's appeal and value. Bring your vision and capitalize on this outstanding rehab opportunity in Albemarle. Property conveys "as-is."
Property details
- Beds
- 2
- Baths
- 1
- SqFt
- 864
- Lot
- —
- Year built
- 1938
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Heating
- Forced Air
- Cooling
- Window Unit(s)
- Foundation
- Other - See Remarks
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$759/ month
- Principal & interest
- $650
- Property tax (~0.90%)
- $78
- Homeowners insurance
- $30
- HOA dues
- —
Down payment
$5,250 down · $99,750 financed
Income to qualify (28% rule)
~$32,557 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she 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.