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About This Home
This 2-bedroom, 1-bathroom single family at 1025 Martin Luther King Jr Drive in Albemarle, NC is listed for $125,000 ($167 per sqft). Built in 1940, the home offers 750 sqft of living space on a 0.16 acres lot.
Updated investment opportunity in the heart of Albemarle. This 2-bedroom, 1-bath home offers a strong option for investors looking to add a primarily move-in-ready property to their portfolio or for buyers seeking an affordable home with recent improvements already completed.
Recent updates include new vinyl plank flooring, an updated kitchen, renovated bathroom, fresh interior finishes, and an improved back deck overlooking the spacious and private backyard. The home also features a covered front porch, open living area, and functional kitchen/dining layout.
Conveniently located 1/2 mile to Main Street in downtown Albemarle providing easy access to local shops, restaurants & parks. The manageable size and updated condition make this an attractive option for rental income, long-term hold potential, or affordable owner-occupant living.
Key Features
- Built in 1940
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$669/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1025 Martin Luther King Jr Drive
Albemarle, NC 28001
Property Details
Flooring
Pool Features
Parking
Appliances
Questions & Answers
This 2-bedroom, 1-bathroom single family at 1025 Martin Luther King Jr Drive is listed at $125,000 ($167/sqft). The estimated monthly payment is $542 based on 20% down at 6.5% interest.
Key features include: Built in 1940, 0.16 acre lot.
This property is listed by Thomas Elrod and can be reached at 7048876600 or listings@hprea.com.
