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.
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
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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