Fully renovated Quadplex in Downtown Tuscumbia. This property currently generates approximately $2,950 in rental income per month, and is thoughtfully updated, making this a turn-key investment property that is ready to be added to your portfolio. Unit 1 is rented for $850 a month and is a spacious 1,200 sq. ft., with 2 bedrooms, 1 bath, and convenient washer/dryer hookups. Unit 2 is rented for $800 a month, and is a comfortable 1,050 sq. ft., featuring 2 bedrooms and 1 bath. Unit 3 is rented for $600 a month, and is a cozy 850 sq. ft., offering 1 bedroom and 1 bath. Unit 4 is rented for $700, and is compact and efficient, with 1 bedroom and 1 bath. All appliances stay, making it easy for new owners and enticing for tenants. With covered parking (two spaces per unit) at the rear, under a durable Bigbee steel carport, there’s plenty of ground space and convenience for each resident. Do not miss your opportunity to invest in the Shoals. Do not trespass on property without permission.
Great investment opportunity! Duplex in Tuscumbia, corner lot (409 Jefferson & 401 First St) with oversized level lot. Each unit offers a bedroom, full bathroom, kitchen, living room and large closets. Original hardwood floors (possibly under the kitchen linoleum as well). Both units have a covered porch and a carport. Mature pecan trees on the property. Laundry area is located in the basement - washer & dryer to convey. Insulation re-blown in attic January of 2022. HVAC for Jefferson unit replaced September 2024, Month to month lease with current tenants. Termite bond. This property has so much potential! Call today to schedule a showing and let this be your next project. Buyer to verify all information.
Tuscumbia is located in Alabama. Tuscumbia, Alabama has a population of 8,977. Tuscumbia is more family-centric than the surrounding county with 28.72% of the households containing married families with children. The county average for households married with children is 24.31%.
The median household income in Tuscumbia, Alabama is $42,692. The median household income for the surrounding county is $52,017 compared to the national median of $69,021. The median age of people living in Tuscumbia is 37.1 years.
The average high temperature in July is 89.6 degrees, with an average low temperature in January of 29.2 degrees. The average rainfall is approximately 55.6 inches per year, with 1.8 inches of snow per year.
