An investment opportunity awaits with this income-producing featuring 3 single family rental homes and a fully occupied 4-plex all situated on a commercial zoned parcel in a prime, high-visibility location. Each of the three rental homes have central heat and air. The 4-plex includes three 1-bedroom 1-bathroom and one 2 bedroom 1.5 bathrooms. Currently generating a solid rent roll of $3,625.00 per month. All units occupied 100% with long term tenants 5 are overdue for a rent increase. Property is strategically located within 1/2 mile from 2 shopping centers one with Walmart Super Store, 15 restaurants, Gadsden Regional Hospital, new Takkion plant, and 2 large automobile dealerships.
For sale
$449,900
301 Elmwood Ave, Gadsden, AL 35903
6beds
3,450sqft
Est.:
Apartment
Built in 1940
-- sqft lot
$-- Zestimate®
$130/sqft
$-- HOA
What's special
Commercial zoned parcelHigh-visibility locationCentral heat and air
- 6 days |
- 113 |
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