Courtesy: Real Equity, Inc.
Jonathan Mednick
Rare multifamily property gem zoned for up to 42 doors. There is incredible potential with this project. FOURPLEXES - Two fourplex units 75% completed. 813 sq. ft. per unit - The electrical, plumbing, HVAC inspections have been approved. Both properties have new windows and roofs. - Remaining interior approvements include 25% drywall installation, flooring, kitchen and bathroom, paint, and remaining fixtures. - All materials on site are included (cabinets, doors, HW heaters, etc.). New HVAC units are included and in storage off site. 16-UNIT RENOVATION STATUS: - New roof installed with the exception of one middle section. -New plumbing line installed and connected from property to sewer. - Interior has been gutted down to framing and studs. - New cement fencing installed in front. VALUE ADD: The lot across from the 16-unit property has been zoned for an additional 16-unit property. Room to build another fourplex. ZONING: R4 - Multifamily/apartments NO SELLER/CREATIVE FINANCING
Courtesy: REALTYNET
Bryan Welch
Great potential investment. 2 separate rental units. Right side is a 3 bedroom and 2 bath. Left side is a 1 bedroom and 1 bath. Person currently occupying house is contractor who will move out prior to closing. Quoted rental rates are fair market averages. Request showing today on a potentially great income producing house!
Center Point is located in Alabama. Center Point, Alabama has a population of 16,422. Center Point is more family-centric than the surrounding county with 30.85% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Center Point, Alabama is $44,676. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Center Point is 33.5 years.
The average high temperature in July is 90.3 degrees, with an average low temperature in January of 31.4 degrees. The average rainfall is approximately 54.7 inches per year, with 1.2 inches of snow per year.
