Explore an exceptional investment opportunity with this multifamily property. 14,210 SF of buildings encompasses 16 2-bedroom units and 8 1-bedroom, presenting a hard to find value-add opportunity. Built in 1986 and thoughtfully renovated in 2022, the property boasts a large 1.35-acre lot with ample parking. It is being sold as is with no known defects, Value-add prospect for investors seeking the lowest price per door in Alabama. With its prime location and significant potential, this multifamily property sets the stage for a lucrative investment in the thriving Tuskegee area. Currently leased as student housing the Tuskegee University.
This is a Duplex in Tuskegee currently rented section 8 for $500 each. Leases recently entered into. Property refurbished in last three years including heating and air. Total rent in $1000. Good return on investment, no repairs needed for a while! Call Now! you don't want to miss this one. Photos done just before tenants moved in.
Tuskegee is located in Alabama. Tuskegee, Alabama has a population of 9,125. Tuskegee is less family-centric than the surrounding county with 10.43% of the households containing married families with children. The county average for households married with children is 15%.
The median household income in Tuskegee, Alabama is $32,024. The median household income for the surrounding county is $39,303 compared to the national median of $69,021. The median age of people living in Tuskegee is 27.2 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 34.1 degrees. The average rainfall is approximately 53.2 inches per year, with 0.2 inches of snow per year.