301 ELMWOOD AVE, Gadsden, AL 35903 - MLS#21432612 - Amy Pewitt

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Amy Pewitt

amy@flatfeebirmingham.com +1(205) 222-7109

$449,900

Est. payment - /mo

6 Beds

4.5 Baths

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Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Metes & Bounds

MLS Listing ID 21432612

Bedrooms 6

Full Baths 4

Half Baths 1

Year Built 1940

Property Sub-Type Apartment

Property Description

An investment opportunity awaits with this income-producing featuring 3 single family rental homes and a fully occupied 4-plex all situated on a commercial zoned parcel in a prime, high-visibility location. Each of the three rental homes have central heat and air. The 4-plex includes three 1-bedroom 1-bathroom and one 2 bedroom 1.5 bathrooms. Currently generating a solid rent roll of $3,625.00 per month. All units occupied 100% with long term tenants 5 are overdue for a rent increase. Property is strategically located within 1/2 mile from 2 shopping centers one with Walmart Super Store, 15 restaurants, Gadsden Regional Hospital, new Takkion plant, and 2 large automobile dealerships.

Location

State AL

County Etowah

Area Out Of Area

Interior

Heating Central w/Ind Ctrl(HEAT), Electric (HEAT), Gas Heat

Cooling Central Control (COOL), Electric (COOL), Individual Units (COOL), Window Units (COOL)

Flooring Laminate, Some Hardwood, Tile, Vinyl

Exterior

Parking Features 2 Spaces per Unit, Garage

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Adams

Middle Schools Gadsden

High Schools Gadsden City

Others

Financing Cash,Owner Held Mortgage

Virtual Tour https://www.propertypanorama.com/instaview/bham/21432612

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Listed by Impact Realty LLC

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Amy Pewitt

+1(205) 222-7109

Broker | License ID: 93001

Broker License ID: 93001

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301 ELMWOOD AVE Gadsden, AL 35903

Amy Pewitt

Key Details

Location

Interior

Exterior

Building

Schools

Others

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