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Multi-family
MLS# 420125
$199900
Status: Active

1311 2nd Avenue N Street
Clanton, Alabama 35045
(map)
Neighborhood: Clanton Area
This is a very versatile property! It is currently split 5 apartments. All 5 are rented and stay occupied. You can purchase this property and occupy the 2200 sq ft top floor and rent out the bottom units if you desired or you can purchase as a great investment opportunity and continue to lease the whole complex. There are many options with this property! There are 4 apartments on the first level and one large, 3 bedroom, 2 bath, unit that covers the entire top floor. Three of the bottom units have 1 bedroom, 1 bath. One unit has 2 bedrooms and 1 bath. All units are equipped with refrigerators and a stackable washer and dryer. All units have separate water heaters and AC/Heat units. The top unit and one of the bottom units have new carpet and paint. The others have been updated within the past 5 years. All units are leased and stay occupied. Great investment potential! The grounds include a common area with a swimming pool and a large screened in patio for the residents to enjoy. There is also a huge 30 X 40 garage/ workshop that can be used for storage. The property encompasses another vacant lot that can be used to build a house, another duplex, etc. Lots of possibilities!! Basically maintenance free- within the last 5 years, the pool liner has been replaced, metal roof has been recoated, the vinyl siding has been replaced, all units have been renovated. These units are grossing an income of $2175/ month.
Additional Photos
Features
Map
Foundation:Slab
Design:2 Story
Construction:Brick,Vinyl Siding
Parking:Carport Attached,Parking Pad
Number Of Carport Spaces:2.00
Pool Type:Pool Inground