BEDS0
BATHS
MLS#531092
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONFlorence
NEIGHBORHOODFlorence
Property Description
Investor opportunity to acquire a 8 door residential rental portfolio consisting of 5 properties, offered together as an investment package. The portfolio includes:701 Sweetwater Ave, Florence714 N Jefferson St, Tuscumbia403 Dover Ave, Sheffield405 Dover Ave, Sheffield405 1/2 Dover Ave, Sheffield- 2 Units 1505 26th St, Sheffield - 3 Units Plus Extra Lot Next to 1505 26th St SheffieldOffering 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.Financials available upon request. 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.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 5 Lots
Taxes: $696
Year Built: 1935
Feature Descriptions
Built Before 1978 Y/N: Yes
City Limits Y/N: Yes
Days on Site: 36
Financing Options: Cash, Conventional
Lot Dimensions: 5 Lots
Multiple Level Y/N: No
Parcel Number: 000000000000000000
Sewer: Public Sewer
Tenancy: Multiple Tenants
Units: 8
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
$ 1,693.95 per month $1,446.40 Principal & Interest $58.00 Property Tax $189.55 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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701 Sweetwater Ave | MLS# 531092
This multi-family property located at 701 Sweetwater Ave, Florence, AL 35630 is currently listed for sale with an asking price of $649,900. Search Florence real estate on online.fusion2b.com today.