$4,300,000 - 525 Lelia St E, Florence
- -
- Bedrooms
- -
- Baths
- N/A
- SQ. Feet
- N/A
- Year Built
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.
Essential Information
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- MLS® #:
- 2795734
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- Price:
- $4,300,000
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- Bathrooms:
- 0.00
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- Acres:
- 0.00
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- Type:
- Commercial Sale
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- Sub-Type:
- Mixed Use
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- Status:
- Active
Community Information
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- Address:
- 525 Lelia St E
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- City:
- Florence
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- County:
- Lauderdale County, AL
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- State:
- AL
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- Zip Code:
- 35630
Additional Information
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- Date Listed:
- February 25th, 2025
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- Days on Market:
- 78
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- Zoning:
- Residentia
Listing Details
- Listing Office:
- The Agency On Pine
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