Flat Rock, AL 35966,320 Co Rd 324 Road
Flat Rock, AL 35966,320 Co Rd 324 Road
Flat Rock, AL 35966,320 Co Rd 324 Road
Flat Rock, AL 35966,320 Co Rd 324 Road
Flat Rock, AL 35966,320 Co Rd 324 Road
Flat Rock, AL 35966,320 Co Rd 324 Road
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Listed by Wesley Bethune • BHHS Southern Routes Realty
Bought with Wesley Bethune

$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

Listing Status Sold

Purchase Type For Sale

Square Footage 5,550 sqft

Price per Sqft $72

MLS Listing ID 2714466

Sold Date 07/17/23

HOA Y/N No

Year Built 2003

Annual Tax Amount $2,029

Lot Dimensions 5.67 Acres +/-

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 County

Interior

Heating Central, Electric

Cooling Central Air, Electric

Fireplace N

Exterior

Utilities Available Electricity Available, Water Available

View Y/N false

Roof Type Metal

Private Pool false

Building

Story 1

Sewer Septic Tank

Water Public

Structure Type Other

New Construction false

Schools

Elementary Schools North Sand Mountain School

Middle Schools North Sand Mountain School

High Schools North Sand Mountain School

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