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Sold for $125,000 on 05/20/24
  • $125,000

    106 S Water St, Tuscumbia, AL 35674

    --beds
    --baths
    5,724sqft
    Multi Family
    Built in 1991
    -- sqft lot
    $135,700 Zestimate®
    $22/sqft
    $1,556 Estimated rent

    What's special

    INVESTMENT OPPORTUNITY with great income-producing potential. All renters will be ready to move by the close of escrow. The apartments on the second story include a 2 bed 1 bath and a 1 bed 1 bath apartments with garage. The 1 bed 2 bath has an after-rehab minimum rental potential rent of $600 and the 2 bed 1 bath minimum rental potential of $750. There is an efficiency apartment with a huge shop, currently rented at $600. There is also a renter for the commercial space, Pop Pop's, that is at the end of his lease. That business also has a living area. The total rent potential, after rehab, is approximately $3,000-$3,500/mo. Sold AS IS. Buyer to verify all information.

    Zillow last checked: 7 hours ago

    Listing updated: May 21, 2024 at 08:36am

    Listed by:

    Victoria Lane,

    RE/MAX Tri-State

    Bought with:

    Marmac Real Estate - The Shoals

    Source: Strategic MLS Alliance,MLS#: 515700

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air, Window Unit(s)
    Features
    • Flooring: Concrete, Linoleum, Vinyl, Other
    • Basement: Partially Finished
    Interior area
    • Total structure area: 5,724
    • Total interior livable area: 5,724 sqft

    Property

    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 8,276 sqft
    • Dimensions: 62 x 134
    Details
    • Parcel number: 1302043004090.000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding, Block, Brick, Vinyl Siding
    • Foundation: Pillar/Post/Pier, Slab
    • Roof: Metal
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks, Street Lights
    Location
    • Region: Tuscumbia
    • Subdivision: Tuscumbia

    Other

    Other facts
    • Road surface type: Paved
    Services availability
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