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$ 499,000
Est. payment /mo
Active
28 Shoals Boulevard Florence, AL 35630
0.45 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21874729
HOA Y/N No
Originating Board Valley MLS
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 200 x 100
Property Sub-Type Business
Property Description
This property is a Multi unit Airbnb. Income is assumed at $58,000 annual net income. This puts this at 11.6% CAP. The guest house rents out at $1800 mo, the main house goes for $425 a day, which it would be more stablized if you leased out the 5 bedrooms instead. The garage is almost complete to be done into a studio apt. A historic home, Jackson House, built in 1898. Ready to be certified historic, it was not yet to ensure all renovetions could be done.
Location
State AL
County Lauderdale
Direction Take A Right Onto Shoals Blvd, It's On The Right
Rooms
Basement Full
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Exterior
Fence Partial
Roof Type Shingle
Present Use Business,Hotel/Motel,Special Purpose
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction No
Copyright
Based on information from North Alabama MLS.
Based on information from North Alabama MLS.
Listed by Engel & Volkers Shoals