Great investment property in the heart of Muscle Shoals! 4 Duplexes for a total of 8 units. Each unit is 847 square foot and contains 2 bedrooms, 1 bath, kitchen/breakfast, large living and a laundry room. The exterior(each unit) has a front covered porch as well as a back patio and exterior storage closet, and parking pad for 2 vehicles. ALL ARE CURRENTLY RENTED with long term tenants. 3 buildings front Lasalle Ave and 1 building fronts Portage Ave. It's a great opportunity to purchase established apartments!!!! All tenants are currently on month to month lease terms.
Sold for $539,000 on 12/07/23
$539,000
700 Portage Ave, Muscle Shoals, AL 35661
--beds
--baths
--sqft
Duplex, Multi Family
Built in 1980
-- sqft lot
$246,100 Zestimate®
$--/sqft
$770 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: February 19, 2024 at 05:17pm
Listed by:
Jennifer Presley,
WOW Real Estate
Bought with:
RE/MAX Tri-State
Source: Strategic MLS Alliance,MLS#: 513358
Facts & features
Interior
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate, Linoleum
- Has basement: No
Property
Parking
- Parking features: Asphalt
Features
- Patio & porch: Covered, Front Porch, Patio
- Exterior features: Rain Gutters
Lot
- Size: 0.99 Acres
- Dimensions: Portage- 120 x 120 Lasalle- 240 x 120
Details
- Parcel number: 1301023006007.000
- Zoning: R2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
- Roof: Architectual/Dimensional
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet - Cable, Sewer Available, Water Available
Community & neighborhood
Location
- Region: Muscle Shoals
- Subdivision: Highland Park #13
HOA & financial
Other financial information
- Total actual rent: 53340
Other
Other facts
- Income includes: Rent Only
- Road surface type: Asphalt
Services availability

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