$419,900
bedrooms
2
bathrooms
1
square feet
0
Acreage
1.56
Open Houses
-
year built
1943
Full Baths
1
Half Baths
0
Investment Property – 1.56 Acres, 7 Units, $47,000 Annual Income. This income-producing property on 1.56 acres features 5 buildings with a total of 7 rental units, including 2 duplexes and 3 single-family homes all on the same parcel of land. The property generates approximately $47,000 annually before taxes and insurance, with a total of $3,000 in taxes and insurance costs. Tenants are on month-to-month leases, with all having passed background checks. The units consist of 4 three-bedroom, one-bathroom homes and 3 two-bedroom, one-bathroom homes. Key property features: 5 buildings, 7 rental units (3 built in 1943, 1 built in 1935, 1 built in 1990). Square footage: 962, 784, 763, 780, 763, 1496, and 1026. All units have newer metal roofs and AC units. Seller has an appraisal already done, saving the buyer time and money. Great opportunity for steady cash flow with low maintenance costs. Don't miss out! Buyers must be pre-approved or show proof of funds prior to showing.
Location | |
Subdivision | - |
County | Talladega |
Elementary School | INDIAN VALLEY |
Middle School | NICHOLS-LAWSON |
High School | SYLACAUGA |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 21404778
Listing agent:
Stephanie Harvel
Listing broker:
Premier Vestavia, Llc
(205) 397-6500
Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Tuesday, April 22 2025 at 3:12 p.m. EDT
Kotohomes National
Other listings you might be interested in
$365,000
2 Bed •
1 Bath •
0 ft²
95 WILD TURKEY TRAIL
COLUMBIANA, AL 35051
$677,777
2 Bed •
1 Bath •
0 ft²
5400 RANCH MARINA ROAD
PELL CITY, AL 35128
$1,250,000
2 Bed •
1 Bath •
1,000 ft²
450 Armstrong Road
Ashville, AL 35953
$435,000
1 Bed •
1 Bath •
0 ft²
2885 MCKAY ROAD
DELTA, AL 36258
$479,000
1 Bed •
1 Bath •
0 ft²
1045A SAND VALLEY ROAD
REMLAP, AL 35133
$549,900
2 Bed •
2 Bath •
0 ft²
155 RIVERVIEW DRIVE
ASHVILLE, AL 35953
$750,000
3 Bed •
1 Bath •
0 ft²
2465 OLD SPRINGVILLE ROAD
BIRMINGHAM, AL 35215
$895,000
2 Bed •
2 Bath •
0 ft²
842 COUNTY ROAD 120
ROCKFORD, AL 35136
$499,900
1 Bed •
1 Bath •
5,400 ft²
28 Murphy Lake Rd
Dadeville, AL 36853
$425,000
3 Bed •
2 Bath •
0 ft²
3073 HIGHWAY 56
WILSONVILLE, AL 35186
$420,000
3 Bed •
2 Bath •
0 ft²
3256 KARL DALY ROAD
IRONDALE, AL 35210
$410,000
3 Bed •
2 Bath •
0 ft²
1690 MOUNT MORIAH ROAD
DELTA, AL 36258