$480,000
$519,800
7.7%For more information regarding the value of a property, please contact us for a free consultation.
1057 Main Drive Arab, AL 35016
2 Acres Lot
Key Details
Sold Price $480,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 1023075
Sold Date 01/28/16
HOA Y/N No
Originating Board Valley MLS
Year Built 1970
Lot Size 2.000 Acres
Acres 2.0
Property Description
12 Cap...A wonderful investment opportunity. 2 - brick 8 plexes 16 units total. One of 2 apartments 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
Location
State AL
County Marshall
Direction South On 231 To Arab,Left Left Turn On 7th, Left On Main, Apartments On Left.
Interior
Heating Central, Individual
Fireplace No
Appliance Refrigerator, Oven, W/D Hookup
Exterior
Total Parking Spaces 40
Building
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Arab Elementary School
Middle Schools Arab Middle School
High Schools Arab High School
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Copyright
Based on information from North Alabama MLS.
Bought with Legend Realty
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