$1,170,000
$1,295,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
13222 N Wisconsin Street Elberta, AL 36530
16 Beds
8 Baths
6,784 SqFt
Key Details
Sold Price $1,170,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,784 sqft
Price per Sqft $172
MLS Listing ID 336461
Sold Date 10/13/22
Bedrooms 16
Full Baths 8
Construction Status Resale
Year Built 2022
Annual Tax Amount $254
Property Description
Exceptional investment opportunity in the city of Elberta AL. 2 fourplexes, total of 8 units, located off of Wisconsin Street close to Elberta Middle and High School, city parks, and stores. $1,200 rent per unit, all 8 units are currently rented with a one year lease totaling over $115,000 in gross income each year. Brand new, built in 2022, each unit is identical with 848 sq ft, 2 bedrooms and 1 bath. All electric, tile flooring throughout with a large kitchen with custom white shaker cabinets with soft close hinges, formica counter tops, plenty of counter space, and stainless steel appliances. Built Gold Fortified and energy efficient, power bill and water combined average around $100 per month. Renter pays power, trash, water, cable and internet. Rent includes sewer. Large mature trees including gorgeous oak trees on the property, property is 112 x 405. Survey and Floor Plans available. Elberta is a highly desirable area with a large demand for long terml rentals.
Location
State AL
County Baldwin
Area Elberta 2
Interior
Interior Features Ceiling Fan(s)
Heating Electric, Central
Cooling Central Electric (Cool)
Flooring Tile
Fireplace No
Appliance Dishwasher, Convection Oven, Microwave, Electric Range, Refrigerator
Laundry Main Level
Exterior
Exterior Feature Termite Contract
Parking Features Parking Lot
Community Features None
Utilities Available Riviera Utilities
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Metal
Garage Yes
Building
Story 1
New Construction No
Construction Status Resale
Schools
Elementary Schools Elberta Elementary
Middle Schools Elberta Middle
High Schools Elberta High School
Others
Ownership Whole/Full
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