602 E Tuscaloosa St, Florence, AL 35630

$440,000

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List Price
$440,000
Status
ACTIVE
Days on Market
143
Price Change
▼ $5,000 1783499474
MLS#
527523
Subtype
Multi-Family
Year Built
1966
Lot Size
2,981
Acres
0.12
Subdivision
Florence

Property Description

Rare downtown investment opportunity! This spacious duplex located on E Tuscaloosa St in Florence offers 2 income-producing units that are both currently rented in a prime location just minutes from shopping, restaurants, and UNA. Unit 1 features 3 bedrooms and 2 bathrooms. Unit 2 offers 4 bedrooms and 2 bathrooms. Originally a commercial building, and located in the RB zoning district in Florence, this property has been converted to residential use and offers excellent potential for investors looking to expand their portfolio or for an owner-occupant looking to live in one unit and rent the other or run a business out of the other! With strong rental demand near downtown Florence and The University of North Alabama, this property offers both cash flow and long term appreciation potential. Updates all within the last 3 years include new roof, HVAC, and water heater, painted parking lot. BOTH UNITS CURRENTLY RENTED DONT MISS THIS OPPORTUNITY! Buyer to verify all info.

Additional Information

Exterior Features
Outdoor Grill
Taxes
$1,485
Zoning
RB
Flooring
Ceramic Tile, Laminate
Heating
2+ Central Units, Central, Electric
Air Conditioning
Central Air
Roof
Rubber
Foundation
Slab
Parking Features
Asphalt, Off Street, Paved
Elementary School
City
Middle School
City
High School
City
View
City

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Modern Market Real Estate.