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Pending
  • $239,999

    450 County Road 279, Florence, AL 35633

    --beds
    --baths
    2,688sqft
    : 
    Triplex, Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $89/sqft
    $-- HOA

    What's special

    Spacious unitsComfortable living spaces
    Prime Investment Opportunity! 8% Cap Rate / 10.5% Proforma. Across from Central High School. This fully rented, income-generating triplex is a must-see for investors looking to expand their portfolio. Located in a highly desirable neighborhood, the property offers three spacious units, each with tenants in place, ensuring immediate cash flow. With a strong rental history and waiting list , this triplex is a perfect turn-key investment. Each unit boasts comfortable living spaces, lots of off street parking and separate utilities for tenants' convenience. Situated on a large lot for future development if allowed by the county, this property provides an excellent opportunity for stable, passive income. Don't miss out on this rare multifamily gem!
    33 days
    on Zillow
    |
    16
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 25, 2025 at 12:22pm

    Listed by:

    Melissa Goduti,

    Marmac Real Estate - The Shoals

    Source: Strategic MLS Alliance,MLS#: 521579
    Travel times

    Facts & features

    Interior

    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft

    Property

    Lot
    • Size: 0.8 Acres
    • Dimensions: .80 acres
    Details
    • Parcel number: 1402100003015.000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Septic Tank

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Florence

    Financial & listing details

    • Price per square foot: $89/sqft
    • Annual tax amount: $1,521
    • Price range: $240K - $240K
    • Date on market: 3/24/2025
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