Courtesy: RE/MAX Advantage South
Cassie Carter
INVESTOR OPPORTUNITY! This vacant fourplex offers a rare opportunity to establish your own tenant base and lease each unit at today's market rates from day one. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an investment worth a look. The property features three approximately 700 sq. ft. 1-bedroom, 1-bath units and one approximately 700 sq. ft. 2-bedroom, 1-bath unit. The interiors have been updated with LVP flooring, fresh paint, updated lighting, and neutral finishes that appeal to a wide variety of tenants. Convenient parking is located directly in front of the building, and the property is ready for its next owner to put it to work. Located just minutes from I-65, shopping, dining, and Birmingham, this fourplex combines a convenient location with strong rental potential. Property is vacant and ready for immediate lease-up. No HOA. Buyer to verify all information important to them, including rental income potential.
Mount Olive is located in Alabama. Mount Olive, Alabama has a population of 4,984. Mount Olive is more family-centric than the surrounding county with 37.19% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Mount Olive, Alabama is $79,210. 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 Mount Olive is 42.6 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 54.6 inches per year, with 1.2 inches of snow per year.
