2808 Uwharrie Road, Archdale, NC 27263

$600,000

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Sold Price
$600,000
List Price
$750,000
Closing Date
Apr 06, 2026
MLS#
1204884
Status
CLOSED
Type
Multifamily
Subtype
Apartment
Lot Size
40,946

Property Description

INVESTOR ALERT! Archdale apartment complex for sale by original builder. Two buildings with a total of 7 units. Each unit is 2 Bedrooms and 1 Bathroom. Both roofs are about 8 years old, per owner. Owner pays annual property taxes of $4,700. The owner pays for the sewer (monthly average $347), trash (monthly dumpster fee ranges $125 per month under 3 year contract 5/25-5/28), mowing and outdoor lighting ($27 per month). $5,850 gross monthly rental with no vacancies. Unit A: $775 per month, currently month to month. Unit B: $850 per month, lease expires 2/28/27. Unit C: $875 per month, lease expires 7/31/26. Unit E: $800 per month, lease expires 2/28/26. Unit F: $800 per month, lease expires 11/30/26. Unit G: $875 per month, currently month to month. Unit H: $875 per month, lease expires 9/30/26. (Tax card reflects 3 addresses due to mobile homes being on the property when purchased. Removed when apartments built.) (PHOTOS ARE OF UNIT#B)

Additional Information

Acres
0.94
Appliances
Electric Water Heater
Cooling Type
Central Air
Heating
Forced Air, Electric
Heating Fuel
Electric
Lot Size
40,946
Parking
Assigned
Sewer
Public Sewer
Show Street Address
Yes
Total Units
7
Water
Public
Water Heater
Electric
Year Built
1996

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Calculator source: Real Geeks

Listing courtesy of Allred & Company, REALTORS. Contact:

Selling Office: Southern Heart Realty.