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191 Railroad St - Income Producing Property For Sale 4 Unit Apartment Building Offered at $354,000 Phil Campbell, AL 35581
Investment Highlights
- Well maintained four plex features four 2 bedroom and 1 full bathroom units, each offering 832 sqft.
- Each unit includes a spacious eat-in kitchen with appliances and covered front porch!
- Three units are currently leased, providing immediate rental income, while the vacant unit offers the opportunity to increase cash flow.
Executive Summary
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!
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!
Property Facts
| Price | $354,000 | Building Size | 3,328 SF |
| Price Per Unit | $88,500 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 2024 |
| No. Units | 4 | Opportunity Zone |
Yes
|
| Property Type |
| Price | $354,000 |
| Price Per Unit | $88,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | |
| Building Size | 3,328 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | $750.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 14-05-21-0-000-118.001-0 | Improvements Assessment | $0 |
| Land Assessment | $740 | Total Assessment | $740 |
Property Taxes
Parcel Number
14-05-21-0-000-118.001-0
Land Assessment
$740
Improvements Assessment
$0
Total Assessment
$740
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191 Railroad St - Income Producing Property For Sale