Two buildings four units each. Two up two down. Each unit approx. 1000 sq. ft., 2BR/1BA with 9’ ceilings and private deck/balcony. All kitchen appliances, w/d hookup in utility. Downstairs apts. have stained cement floors in living areas, carpet in bedrooms. Located one mile from I65 exit 54 and five miles from Wind Creek Casino where most of our ..
Four family with two 2 bedroom & two 1 bedroom units.
A large workshop that could be converted to a additional one bedroom apartment.
One of the one bedroom apartments easily conversion to a two bedroom apartment.
Electric and gas hot water is separately zoned.
Heat is separately zoned but presently being supplied by one boiler easy conversion ..
This 4 Plex has so much potential at being a TREMENDOUS CASH FLOW KING!
Property is a Foreclosure Sold As-Is - Subject to one year Right of Redemption as per Alabama Law.
One Unit's Rent should cover mnthly mort. ,if not a cash buyer, and property should cash flow at around $1700 mnthly OR
Property could be sold on the open market for around $..
Lots of updates including paint, flooring, windows, roof, electric, furnace, hot water tanks, basement plumbing, and much more. The 2 bedroom unit has newer cabinets, lighting, carpet, tub surround and too much to mention. Agent is related to one of the sellers.
Well maintained building, 4 units each 2 bed/1 bth,each unit has small storage room attached, laundry room at rear of building with coin-op washers & dryers.Recent new roof, repaint outside in 07,all units have been refurbished since 2004. Tenants pay own electric, units are all electric with individual heat pumps (roof) & water heaters.(No gas). 6..
