Calling all investors and str enthusiasts! This fully furnished 5-unit apartment building offers an exceptional investment opportunity right in the heart of historic Fort Payne. Each unit is thoughtfully appointed and well maintained, with a mix of monthly and nightly rental arrangements already in place. Its prime location ensures strong demand and convenient access to shops, dining, and local attractions. Don't miss your chance at a turnkey property ideal for expanding your portfolio!
Great opportunity to add to your rental portfolio, this property offers two apartments, Apartment "A" with 2 bedrooms and 1 bath, Apartment "B" with 1 bedroom and 1 bath.
Fort Payne is located in Alabama. Fort Payne, Alabama has a population of 14,730. Fort Payne is less family-centric than the surrounding county with 32.65% of the households containing married families with children. The county average for households married with children is 33.58%.
The median household income in Fort Payne, Alabama is $44,330. The median household income for the surrounding county is $44,037 compared to the national median of $69,021. The median age of people living in Fort Payne is 39.8 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 28.6 degrees. The average rainfall is approximately 54.6 inches per year, with 3.3 inches of snow per year.