$355,000
$349,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
0.32 Acres Lot
SOLD DATE : 11/18/2025
Key Details
Sold Price $355,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 21900918
Sold Date 11/18/25
HOA Y/N No
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Apartment
Source Valley MLS
Property Description
INCOME PRODUCING PROPERTY • 4 plex on .32 acres in an R3 zoning district • Convenient to schools and shopping just off Highway 31 • Each unit has a separate electric meter and HVAC unit • 2 Bedrooms and 1 bath with nice kitchenette • New windows and LVP flooring At current state of rent CAP Rate is 7.73% Monthly Rent $2850 Yearly Property Taxes $1520 Yearly Property Insurance $2492 Yearly Estimate Maintenance $3200
Location
State AL
County Morgan
Direction From Highway 31 Turn On Limestone St, Adelle St Will Be On Your Left Property Will Be On The Left.
Interior
Fireplace No
Exterior
Total Parking Spaces 8
Building
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Crestline
Middle Schools Hartselle Junior High
High Schools Hartselle
Others
Tax ID 15 05 15 1 014 007.000
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Based on information from North Alabama MLS.
Bought with Marmac Real Estate
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