
Description
Welcome to this fantastic real estate opportunity! Located on a sprawling 5.67-acre lot, this property features a quadplex and duplex that are up for sale. With plenty of room to build more, this property presents an incredible investment opportunity for buyers looking to expand their real estate portfolio. The quadplex, built in 2003, and the duplex, built in 2009, are both in excellent condition and have been well-maintained over the years. With a current gross income of $3625 per month, this property offers a steady stream of passive income for its new owners. Additionally, there is one unit available that is currently being renovated before closing, offering the opportunity to increase the property's earning potential even further. All units have brand new water heaters, and all appliances are less than 2 years old, ensuring a hassle-free experience for tenants. Currently being serviced by 3 septic tanks, the property is designed to accommodate the needs of its residents. Whether you're an experienced real estate investor or just starting in the business, this property presents an incredible opportunity to build wealth and secure a steady stream of passive income for years to come. Don't miss out on this once-in-a-lifetime chance to own a piece of real estate in a prime location. Schedule a viewing today and see for yourself what this incredible property has to offer!
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0BEDS
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5.67ACRES
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0BATHS
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01/2 BATHS
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5,550SQFT
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$76$/SQFT
School Information
Description
Welcome to this fantastic real estate opportunity! Located on a sprawling 5.67-acre lot, this property features a quadplex and duplex that are up for sale. With plenty of room to build more, this property presents an incredible investment opportunity for buyers looking to expand their real estate portfolio. The quadplex, built in 2003, and the duplex, built in 2009, are both in excellent condition and have been well-maintained over the years. With a current gross income of $3625 per month, this property offers a steady stream of passive income for its new owners. Additionally, there is one unit available that is currently being renovated before closing, offering the opportunity to increase the property's earning potential even further. All units have brand new water heaters, and all appliances are less than 2 years old, ensuring a hassle-free experience for tenants. Currently being serviced by 3 septic tanks, the property is designed to accommodate the needs of its residents. Whether you're an experienced real estate investor or just starting in the business, this property presents an incredible opportunity to build wealth and secure a steady stream of passive income for years to come. Don't miss out on this once-in-a-lifetime chance to own a piece of real estate in a prime location. Schedule a viewing today and see for yourself what this incredible property has to offer!


320 Co Rd 324 Rd Flat Rock, AL 35966
Property Description
Exterior Siding Garage Parking Off Street Parking Lot Description LevelRural Lot Size Dimensions 5.67 Acres +/- Roof Metal
Basement Crawl Space Cooling CentralElectric Description 1 Level Heating CentralElectric Special Needs Ramps Unit Four Bedrooms 2 Unit Four Features 2 BedroomsDeck/PatioEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Four Full Baths 1 Unit One Bedrooms 2 Unit One Features 1 Bath2 BedroomsDeck/PatioKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit One Full Baths 1 Unit Three Bedrooms 2 Unit Three Features 1 Bath2 BedroomsDeck/PatioEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Three Full Baths 1 Unit Two Bedrooms 2 Unit Two Features 1 Bath2 BedroomsDeck/PatioEat-In KitchenKitchenLaundry HookupLiving RoomOven/RangeRefrigerator Unit Two Full Baths 1
Community Features Tv Cable Available Existing Financing Conventional Financing CashConventional Gross Monthly Rent 3625.00 Home Warranty No Owner Pays None Possession Day Of Closing Property Sub Type Quad Senior Community YN No Taxes 2029.00 Tenant Pays ElectricWater Type Of Sale Investor Unit Four Unit Number 4 Unit One Unit Number 1 Unit Three Unit Number 3 Unit Two Unit Number 2 Water Sewer Public WaterSeptic Tank

Listing information © 2023 The Multiple Listing Service of Chattanooga, Inc.
Listing courtesy of Bhhs Southern Routes Realty: (423) 541-6105.




