$187,000
$187,000
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2 Beds
2 Baths
SOLD DATE : 07/28/2017
Key Details
Sold Price $187,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Subdivision Point Aquarius
MLS Listing ID 747800
Sold Date 07/28/17
Bedrooms 2
Full Baths 2
Year Built 1973
Property Description
Great investment opportunity near the Alpine Bay Golf Resort! The units have a strong rental history of $700 per month. The quadplex was purchased by the owners in 2009. They completely gutted the units and put in new carpet, fixtures, flooring, etc. Most of the units have been freshly painted in the last few months, as well as the outside of the building. The stairs have new indoor/outdoor carpet on them. Quiet, private, and even though it's inside the gates of the resort it has no HOA fees. The golf course just reopened and the clubhouse was remodeled as well. It's a public course so anyone can play. These units are also within 1 mile of Logan Martin Lake! They've been rented out as long term rentals, but could be short term as well. Owner pays $100 for sewer to Alpine Bay each month, that covers all 4 units. She includes the water in the rent price and renters pay their own power bills. Great price, and great rental income!
Location
State AL
County Talladega
Area Talladega County
Interior
Heating Individual Units (HEAT)
Cooling Electric (COOL)
Flooring Tile, Vinyl, Wall-to-Wall Carpet
Exterior
Garage 2 Spaces per Unit
Building
Foundation Crawl Space
Sewer Other
Water Public Water
Schools
Elementary Schools Stemley Road
Middle Schools Talladega Co.
High Schools Talladega
Others
Financing Cash,Conventional
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