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$ 3,999,000
Est. payment /mo
Price Dropped by $301K
525 E Lelia Street Florence, AL 35630
0.25 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type INVESTMENT
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21881842
HOA Y/N No
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type INVESTMENT
Source Valley MLS
Property Description
Great investment opportunity in Northwest Alabama. 29 single family homes and 2 duplexes in Florence and Muscle Shoals area. Gross annual rent is $406,932. Cap rate 7.8%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/sq footage, parcel #, & legal description are listed on an attachment in the document section of Paragon. To view properties a sales agreement contract must be signed with proof of funds receive
Location
State AL
County Lauderdale
Direction See Attachment
Interior
Flooring See Remarks
Fireplace No
Building
Foundation See Remarks
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 The Agency On Pine