Description

CALLING ALL INVESTORS!rn3 income-producing homes + 5 additional lots sold as a package deal!rnrnAcreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdownsu2014expenses, NOI, cap rate, and moreu2014is available upon request.rnrnPictures are organized by front of home then inside pictures of that home.rnrnThis package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include:rnrn1/1 home at approximately 800u00b1 sq ft 309 Caldwell St (Heating and cooling are window units and space heaters)rnrn2/1 home at approximately 1,080u00b1 sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters)rnrn3/1 home at approximately 1,800u00b1 sq ft 125 N Ashurst Ave (Heating and cooling is central)rnrnThese three homes sit on a combined 0.40u00b1 acres, and just down the street are five additional lots totaling 0.84u00b1 acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review.rnrnThis investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional developmentu2014making it an ideal addition to any portfolio.rnrnDonu2019t miss out on this rare cash-flowing package! Call today for a showing!

Features

Directions

From Gilmore Avenue in Tallassee, Cross over the bridge at the dam and follow Highway 14 (Central Blvd). Right onto Caldwell St. Houses are at the corner of Caldwell and N Ashurst. Lots are Across Sims Ave on Riverside Dr

Courtesy of: DL Realty