316 Crown St, Florence, AL 35630

$509,900

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List Price
$509,900
Status
ACTIVE
Days on Market
10
MLS#
531093
Subtype
Multi-Family
Year Built
1947
Lot Size
1,560
Subdivision
Florence

Property Description

Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio. The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence. Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.

Additional Information

Taxes
$1,263
Elementary School
Florence
Middle School
Florence
High School
Florence

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Calculator source: Real Geeks

Listing courtesy of MarMac Real Estate - The Shoals.