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208 S 3rd Street, Albemarle, NC 28001

Albemarle
Local realty services provided by:CENTURY 21 Mountain Lifestyles
Listed by: daniel fisher, rebecca fisher
Office: fisher herman realty llc.
MLS#:4358248
Source:CH
208 S 3rd Street,Albemarle, NC 28001
$395,000
  • 8 Beds
  • 4 Baths
  • 3,604 sq. ft.
  • Multi-family
  • Active

Price summary

  • Price:$395,000
  • Price per sq. ft.:$109.6

About this home

Stabilized, high-margin 3,600sf multifamily asset in the heart of Albemarle’s Revitalized Core offers a rare combination of immediate cash flow and a zero-drag operational model. Property has no common areas, effectively eliminating the unbillable utility costs, cleaning requirements, and management friction typical of corridor-style buildings. The configuration features four 900 SF 2BR/1BA units, each with its own covered front porch, independent exterior entry and a similar layout. Every unit is separately metered for electric and water and offers a functional two-level layout with full kitchens, dining and living areas on the main floor, bedrooms and updated bath elements upstairs. Flooring is typically durable LVP or laminate with carpet on the stairs. Modern energy-efficient HVAC systems and ceiling fans keep tenant utility costs low; wood-burning fireplaces are currently sealed closed. The vinyl exterior, street parking, and minimal landscaping keep landlord maintenance...

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Home facts

  • Year built:1918
  • Listing ID #:4358248
  • Updated:March 18, 2026 at 01:20 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Laminate
  • Kitchen Description:Electric Range, Refrigerator
  • Basement:Yes
  • Living area:3,604 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:1918
  • Building area:3,604 sq. ft.
  • Lot area:0.17 Acres
  • Lot Features:Corner Lot, Flood Plain/Bottom Land, Level
  • Architectural Style:Traditional
  • Construction Materials:Vinyl
  • Foundation Description:Basement

Schools

  • High school:Albemarle
  • Elementary school:East Albemarle

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$395,000
  • Price per sq. ft.:$109.6

Features and amenities

  • Amenities:Attic Other

Parking

  • Parking description:On Street
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