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525 E Lelia StFlorence, AL
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Great investment opportunity in Northwest Alabama. 29 single family homes and 2 duplexes in Florence and Muscle Shoals area. Gross annual rent is $406,932. Cap rate 7.8%. Most homes have been renovated within the past two years. Homes are in great locations with high rental demand. All properties including lease amount, bedroom/bath/sq footage, parcel #, & legal description are listed on an attachment in the document section of Paragon. To view properties a sales agreement contract must be signed with proof of funds received. Contract may be contingent on satisfactory showing. A 48 hour notice is required to tenants before showings, inspections, etc.. All homes/duplexes must be sold together.
| 2 months ago | Listing updated with changes from the MLS® | |
| 2 months ago | Price changed to $3,999,000 | |
| 5 months ago | Listing first seen on site |
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.This data is deemed reliable but is not guaranteed accurate by the MLS. Source: Cullman Association of Realtors MLS
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