$380,000
$380,000
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0.32 Acres Lot
SOLD DATE : 05/23/2025
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Southwood Estates
MLS Listing ID 21881053
Sold Date 05/23/25
HOA Y/N No
Year Built 1980
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Multi Family
Source Valley MLS
Property Description
Great investment opportunity with instant equity! Units need to be updated to be brought to market value. Market rent for each unit are $800-$900/month. Each unit is fully fenced in with own private courtyard area and outdoor storage. 15+ foot vaulted ceilings make the units feel incredibly spacious. Building has its own private parking lot and a metal roof. Multiple other 4-plex buildings have been recently updated in the immediate area. . Property is Realtor Owned.
Location
State AL
County Madison
Direction Memorial Parkway, West On Drake, Lft. On Newson, Rt. On Grunden, Lft On Squaw Valley
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Fireplace No
Exterior
Exterior Feature Sidewalks
Fence Privacy
Total Parking Spaces 6
Building
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Mcdonnell
Middle Schools Whitesburg
High Schools Grissom High School
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Copyright
Based on information from North Alabama MLS.
Bought with Capstone Realty
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