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Off market
  • $194,100

    1137 Chadwick Ln, Auburn, AL 36832

    2beds
    400sqft
    SingleFamily
    Built in 2022
    2.57 Acres Lot
    $194,100 Zestimate®
    $485/sqft
    $1,462 Estimated rent

    What's special

    **INVESTORS TAKE NOTICE** TWO professionally built tiny homes for sale and are being sold as a package. PRICE DOES NOT INCLUDE LAND. UNITS ARE ON LEASED LOTS. Both are rented to Auburn students through April 2024. This is one of the best real estate investments you will find. Unit 1 is a 8.5' x 20' that has NET INCOME of $700 per month. Unit 2 is a 8.5' x 24' that has NET INCOME of $800 per month. This averages to be a 12% cap rate based on asking price. CASH ON CASH return in unbeatable and will vary depending on the amount of your deposit. Both units come complete with hook-ups and includes all appliances: Stove, oven, stainless refrigerator, washer & dryer, granite countertops, full bathroom and a sleeping loft, upscale plumbing and electrical fixtures and usb outlets throughout. Both units are built on Iron Eagle Trailers, an industry leader. The units are located at Sand Dollar Farm in Auburn at a newly created tiny home village that includes walking trails, fire pit, small pond, community farm and lots of outdoor living space for the tenants enjoyment. Sand Dollar is located next to Kiesel Park on Chadwick Rd. Unit is ideally situated close to campus. Investment specifics are available upon request. Contact the owner/builder/investor for more information.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat pump
    Cooling
    • Central
    Appliances
    • Included: Dryer, Freezer, Range / Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Laminate
    Interior area
    • Total interior livable area: 400 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 2.57 Acres
    Details
    • Parcel number: 1902040000003002

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Metal
    Condition
    • Year built: 2022

    Community & neighborhood

    Location
    • Region: Auburn

    Other

    Other facts
    • Cooling System: Air Conditioning
    • Electricity not included in rent
    • Garbage included in rent
    • Internet included in rent
    • Laundry: In Unit
    • Sewage included in rent
    • Water not included in rent
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.