Welcome to this fantastic real estate opportunity! Located on a sprawling 5.67-acre lot, this property features a quadplex and duplex that are up for sale. With plenty of room to build more, this property presents an incredible investment opportunity for buyers looking to expand their real estate portfolio. The quadplex, built in 2003, and the duplex, built in 2009, are both in excellent condition and have been well-maintained over the years. With a current gross income of $3625 per month, this property offers a steady stream of passive income for its new owners. Additionally, there is one unit available that is currently being renovated before closing, offering the opportunity to increase the property's earning potential even further. All units have brand new water heaters, and all appliances are less than 2 years old, ensuring a hassle-free experience for tenants. Currently being serviced by 3 septic tanks, the property is designed to accommodate the needs of its residents. Whether you're an experienced real estate investor or just starting in the business, this property presents an incredible opportunity to build wealth and secure a steady stream of passive income for years to come. Don't miss out on this once-in-a-lifetime chance to own a piece of real estate in a prime location. Schedule a viewing today and see for yourself what this incredible property has to offer!
Sold for $405,000 on 07/17/23
$405,000
320 County Road 324, Flat Rock, AL 35966
10beds
5,550sqft
Quadruplex
Built in 2003
-- sqft lot
$486,000 Zestimate®
$73/sqft
$1,036 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 14, 2024 at 12:11am
Listed by:
Wesley Bethune 423-309-3069,
BHHS Southern Routes Realty
Bought with:
Wesley Bethune, 364590 TN
BHHS Southern Routes Realty
Source: Greater Chattanooga Realtors,MLS#: 1372545
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Features
- Eat-in Kitchen
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 5,550
- Total interior livable area: 5,550 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
Lot
- Size: 5.67 Acres
- Dimensions: 5.67 Acres +/-
- Features: Level, Rural
Details
- Parcel number: 1701110000002.000
- Special conditions: Investor
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Other
- Roof: Metal
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Flat Rock
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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