191 Railroad St - Dormitory FOR SALE


Phil Campbell, AL 35581
$354,000 USD
256-214-2196
191 Railroad St, Phil Campbell, AL for Sale
$354,000 USD
Dormitory - FOR SALE
1/14
null | Request Cap Rate

191 Railroad St
Phil Campbell, AL 35581


HIGHLIGHTS

  • Well maintained four plex features four 2 bedroom and 1 full bathroom units, each offering 832 sqft.
  • Three units are currently leased, providing immediate rental income, while the vacant unit offers the opportunity to increase cash flow.
  • Each unit includes a spacious eat-in kitchen with appliances and covered front porch!

OVERVIEW

Income producing property!!! This well maintained fourplex features four 2 bedroom and 1 full bathroom units, each offering 832 sqft. Three units are currently leased for $750 per month, providing immediate rental income, while the vacant unit offers the opportunity to increase cash flow or accommodate an owner-occupant. Each unit includes a spacious eat-in kitchen with appliances and covered front porch! Conveniently located with strong rental potential, this property features a mix of income production and upside opportunity. Whether you're an experienced investor or just getting started, this four plex is one you won't want to miss!

FOR SALE DETAILS

PRICE

$354,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

4

PRICE/UNIT

$88,500

CAP RATE

Request Cap Rate

% LEASED

75%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Income Producing Property For Sale

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Dormitory

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

14-05-21-0-000-118.001-0

ASK ABOUT THIS PROPERTY

Shane OdomMarMac CommercialMore Info
256-214-2196

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Shane OdomMarMac CommercialMore Info
256-214-2196

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.