Back on the market! Designated low-income tax credit housing mulit-family complex investment property with potential revenue improvement. It is located on Front Street and within walking distance of downtown Carrollton. 17 buildings, each a single story, and a total of 50 units 102 marked asphalt parking spots, accommodating tenants' vehicles and guests is never an issue. The 1000 SF GBA 2.2:1 parking ratio ensures ample space for residents. Equipped with a manager's office, the property facilitates efficient management and maintenance, ensuring tenant satisfaction. Built in 1970, this property boasts remaining economic life, ensuring a solid investment for years. For more information and a comprehensive packet, contact the listing agent today.
Carrollton is located in Alabama. Carrollton, Alabama has a population of 1,100. Carrollton is less family-centric than the surrounding county with 14.75% of the households containing married families with children. The county average for households married with children is 22.64%.
The median household income in Carrollton, Alabama is $28,487. The median household income for the surrounding county is $43,389 compared to the national median of $69,021. The median age of people living in Carrollton is 30.2 years.
The average high temperature in July is 92.5 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 55.4 inches per year, with 0.1 inches of snow per year.
