PRIME INVESTMENT OPOPORTUNITY - LISTED $5,000.00 BELOW APPRAISED VALUE!!! Here's a lucrative investment property featuring a charming home and a quaint mother in law suite on a single parcel, perfect for cash flow enthusiasts. Gross Income total $2,400.00 monthly. Main Home-1180 sq ft - Mother in Law Suite-700+- sq ft. Property Highlights:*Dual Income: Both dwellings are currently leased, providing immediate cash flow with reliable tenants in place. * Versatile Use: Ideal for long-term rentals, vacation rentals, or to have your family close. * Prime Location: Situated in a quiet neighborhood with easy access to local amenities, schools, and transportation. * Well-Maintained: Each dwelling boasts recent updates, including modern kitchens, renovated bathrooms, and spacious living areas. This property presents an excellent opportunity for investors seeking to maximize their portfolio with minimal management hassle. Don’t miss out on this unique opportunity!
Sold for $215,000 on 02/25/25
$215,000
601 Marion Ave, Florence, AL 35630
2beds
1,180sqft
Single Family Residence
Built in 1959
6,534 Square Feet Lot
$211,300 Zestimate®
$182/sqft
$903 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 12:14pm
Listed by:
Alexander Baker 256-616-2070,
MarMac Real Estate - The Shoals
Bought with:
Marmac Real Estate - The Shoals
Source: Strategic MLS Alliance,MLS#: 519802
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Basement
- Area: 0
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,180
- Total interior livable area: 1,180 sqft
- Finished area above ground: 1,180
- Finished area below ground: 0
Property
Lot
- Size: 6,534 sqft
- Dimensions: 50' x 130'
Details
- Parcel number: 1507353004007.000
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Florence
- Subdivision: Homedale Addition