Florence, AL 35630,525 Lelia St #E
Florence, AL 35630,525 Lelia St #E
Florence, AL 35630,525 Lelia St #E
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Listed by Judy Young • The Agency On Pine
$4,300,000
Est. payment /mo
1,089 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 1,089 sqft

Price per Sqft $3,948

MLS Listing ID 2795734

Property Sub-Type Mixed Use

Property Description

Great investment opportunity in Northwest Alabama. 31 single family homes and 2 duplexes in Florence and Muscle Shoals area. Gross annual rent is $427,932. Cap rate 8.52%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/sq footage, parcel #, & legal description are listed on an attachment in the document section =. To view properties a sales agreement contract must be signed with proof of funds received. Contract may be contingent on satisfactory showing. A 48 hour notice is required to tenants before showings, inspections, etc.. All homes/duplexes must be sold together.

Location

State AL

County Lauderdale County

Zoning Residentia

Interior

Fireplace N


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agent

Leigh Ann Parkinson

+1(615) 952-1188

REALTOR® Agent ABR® SRS® | License ID: 357037

REALTOR® Agent ABR® SRS® License ID: 357037

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