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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

    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!

    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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