Flat Rock, AL 35966,320 Co Rd 324 RD
Flat Rock, AL 35966,320 Co Rd 324 RD
Flat Rock, AL 35966,320 Co Rd 324 RD
Flat Rock, AL 35966,320 Co Rd 324 RD
Flat Rock, AL 35966,320 Co Rd 324 RD
Flat Rock, AL 35966,320 Co Rd 324 RD
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$405,000

$420,000

3.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5,550 SqFt


SOLD DATE : 07/17/2023

Key Details

Sold Price $405,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,550 sqft

Price per Sqft $72

MLS Listing ID 1372545

Sold Date 07/17/23

Year Built 2003

Lot Size 5.670 Acres

Acres 5.67

Lot Dimensions 5.67 Acres +/-

Property Sub-Type Quadruplex

Source Greater Chattanooga REALTORS®

Property 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!

Location

State AL

County Jackson

Area 5.67

Rooms

Basement Crawl Space

Interior

Interior Features Eat-in Kitchen

Heating Central, Electric

Cooling Central Air, Electric

Fireplace No

Heat Source Central, Electric

Exterior

Parking Features Off Street

Garage Description Off Street

Utilities Available Cable Available

Roof Type Metal

Porch Deck, Patio

Garage No

Building

Lot Description Level, Rural

Faces From Trenton, Ga Head west on Hwy 136, at the top of the mountain Turn left onto Michael's rd. Continue Straight to Co Rd 155. Turn Tight onto Co Rd 324, Property is 1/4 mile on the left.

Story One

Sewer Septic Tank

Water Public

Structure Type Other

Schools

Elementary Schools North Sand Mountain Elementary

Middle Schools North Sand Mountain

High Schools North Sand Mountain

Others

Senior Community No

Tax ID 17-01-11-0-000-002.000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Investor

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Greater Chattanooga Association of REALTORS(GCAR MLS)
Listed by BHHS Southern Routes Realty
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