261 Cypress Mill Rd Unit 2, Florence, AL 35630

$269,900
2
BD
2
BA
1,800
SqFt

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List Price
$269,900
Status
ACTIVE
Days on Market
118
Price Change
▼ $10,000 1789091872
MLS#
529070
Subtype
Residential
Year Built
1930
Bedrooms
2
Bathrooms
2
Full Baths
1
Living Area
1,800
Lot Size
1,800
Acres
0.02

Property Description

**BUSINESS OPPORTUNITY + SPACE TO LIVE UPSTAIRS!** This versatile property offers the unique opportunity to combine your business and residence all in one location. **Zoned for both residential and commercial use**, the possibilities are wide open for an entrepreneur, investor, or owner-occupant. The property features **two separate apartments**, one upstairs and one downstairs, each with its own private entrance. The flexible layout allows the **ground floor to be used as a business space while you live upstairs**, making this an excellent option for someone looking to operate a business without the expense of a separate commercial space and home. Looking for additional investment potential? The property also offers the possibility of redevelopment into **multiple apartment units**, providing another avenue for future use and income potential. With multiple ways to utilize the space, this property is a rare opportunity for those looking to **work, live, and invest in one location**.

Additional Information

Taxes
$525
Zoning
R1
Parking Features
Additional Parking
Elementary School
City
Middle School
City
High School
City

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Calculator source: Real Geeks

Listing courtesy of EXIT River City Realty.