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Off market
  • $1,309,400

    1057 N Main St, Arab, AL 35016

    --beds
    0baths
    --sqft
    MultiFamily
    Built in ----
    -- sqft lot
    $1,309,400 Zestimate®
    $--/sqft
    $1,051 Estimated rent

    What's special

    Based on listing price this property is a 12% cap. rate. This is a wonderful investment opportunity. 2 brick 8 plexes (16) units total. One of 2 apartment complexes in the area that is non income based. The owner is currently doing a complete interior renovation on 2 units. Once complete the rent will be 500.00 to 525.00 All of the units have been well cared for with long term tenants. The complex is located within walking distance to wal mart, banks, restaurants, schools, and more. The buildings sit on 2 shady acres of land.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0

    Property

    Lot
    • Size: 2 Acres

    Construction

    Type & style
    • Home type: MultiFamily

    Community & neighborhood

    Location
    • Region: Arab
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,309,400
    2% more+ $26,188
    With Zillow Showcase(estimated)
    $1,335,588