$30,000
$49,900
39.9%For more information regarding the value of a property, please contact us for a free consultation.
1580 S Highway 231 Arab, AL 35016
0.6 Acres Lot
Key Details
Sold Price $30,000
Property Type Commercial
Sub Type INVESTMENT
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 1043177
Sold Date 05/10/17
HOA Y/N No
Originating Board Valley MLS
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type INVESTMENT
Property Description
This mobile home lot is a great investment. Produces $1836.00 per month in rent collected. According to seller: each home has an electric heater and window air conditioner, stove and refrigerator, expenses each month are about $175 (water, garbage and street light), expenses are $160 taxes and $35 sticker/tag per mobile home per year, there are 6 septic tanks and each has been pumped within the past 4 years. Current tenants rent on month to month basis and mobile homes are late 70 to early 80 models.
Location
State AL
County Cullman
Direction From Arab, Highway 231 South, After You Pass The Arab Livestock Barn, The Mobile Home Lot Is On The Left.
Interior
Heating Electric
Cooling Window Unit(s)
Fireplace No
Exterior
Present Use Mobile Home Park
Building
Lot Description High Visibility
Sewer Septic Tank
Water Public
New Construction No
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Copyright
Based on information from North Alabama MLS.
Bought with First Choice Real Estate
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