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For sale
  • Price cut: $20K (4/11)
    $345,000

    47-67 Groner St, Daleville, AL 36322

    12beds
    4,680sqft
    : 
    MultiFamily
    Built in 1979
    -- sqft lot
    $-- Zestimate®
    $74/sqft
    $-- HOA

    What's special

    Brand-new roofFresh sidingUpdated windows
    Unleash the untapped potential of this 6-unit Multi-Family gem, delivering an impressive 8% cap rate that promises a rewarding return on investment. The current net operating income (NOI) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. Envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected NOI to a remarkable $52,057. Elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized A/C units installed within the last few years. These enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.
    113 days
    on Zillow
    |
    476
    |
    28
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 10, 2025 at 07:39pm

    Listed by:

    Michael Prange 334-805-8938,

    Keller Williams Southeast Alabama

    Source: SAMLS,MLS#: 202045
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 47-67 Groner St.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 6
    Appliances
    • Included: Cooktop, Refrigerator
    Features
    • Flooring: Vinyl, Laminate
    Interior area
    • Total structure area: 4,680
    • Total interior livable area: 4,680 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: 4+ Car, Detached Carport
    • Has carport: Yes
    Features
    • Levels: One
    • Waterfront features: No Waterfront
    Lot
    • Size: 2.08 Acres
    • Dimensions: 90,650 SF
    Details
    • Parcel number: 30 42 03 000 017 000

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Vinyl Siding
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1979

    Utilities & green energy

    • Electric: Pea River Electric
    • Sewer: Public Sewer
    • Water: Public, City

    Community & HOA

    Location
    • Region: Daleville

    Financial & listing details

    • Price per square foot: $74/sqft
    • Date on market: 1/3/2025
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