BEDS0
BATHS
MLS#531093
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFlorence
NEIGHBORHOODFlorence
Property Description
Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio. The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence.Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 5 Lots
Taxes: $1,263
Year Built: 1947
Feature Descriptions
Built Before 1978 Y/N: Yes
City Limits Y/N: Yes
Days on Site: 34
Financing Options: Cash, Conventional
Lot Dimensions: 5 Lots
Multiple Level Y/N: No
Parcel Number: 23-03-06-2-010-020.000
Sewer: Public Sewer
SQFT Building Total: 1560
Tenancy: Multiple Tenants
Units: 6
Local Schools
High School: Florence
Middle School: Florence
Elementary School: Florence
Listed By / Shown By
Listed By
Agency Name: MarMac Real Estate - The Shoals
Agency Phone: 256-766-8499
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Shoals MLS
Estimate Your Payment
Estimated Payment
$ 1,388.79 per month $1,134.82 Principal & Interest $105.25 Property Tax $148.72 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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316 Crown St | MLS# 531093
This multi-family property located at 316 Crown St, Florence, AL 35630 is currently listed for sale with an asking price of $509,900. Search Florence real estate on online.fusion2b.com today.