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Sold for $368,000 on 02/03/25
  • $368,000

    470 Mathas Creek Rd, Cordova, AL 35550

    24beds
    12,000sqft
    MultiFamily
    Built in 2013
    -- sqft lot
    $396,000 Zestimate®
    $31/sqft
    $1,016 Estimated rent

    What's special

    12 unit portfolio consisting of a 4 plex and an 8 unit complex. NOI is $81,672 monthly income is $9,840 and expenses are $3,034. Professionally managed and 100% occupied! Mailbox money investment. Well maintained and updated.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 12
    • Full bathrooms: 12
    Appliances
    • Included: Dishwasher, Microwave, Range / Oven, Refrigerator
    Features
    • Flooring: Tile, Linoleum / Vinyl
    • Basement: None
    Interior area
    • Total interior livable area: 12,000 sqft

    Property

    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Mountain
    Lot
    • Size: 4 Acres
    Details
    • Parcel number: 621509300000003010

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 2013

    Community & neighborhood

    Location
    • Region: Cordova
    Services availability
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    An equal housing lender. NMLS #10287.