Five-Unit Multifamily Near
727 Sherrod Avenue Florence, AL 35630
727 Sherrod Avenue, Florence, AL, 35630
$315,000
For Sale
$315,000
MULTI_FAMILY - Florence, AL
Property Size3,300 SF
Lot Size0.17 Acres
Price / SF$95.45
Days on Market105
Property Features for 727 Sherrod Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 7
- Parking features
- Driveway, Garage
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Number of units
- 5
Listing Agency
Re/Max Today
(256) 468-2190
228 Holmes Avenue, 2nd Floor, AL
Listed by
Jacob Harbin · License #118980
(256) 710-7911
Added: Apr 5 Checked: Jul 18 at 11:06 am
MLS# 21910640
Listing URL
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Investment Insights
Based on property information with market context.
This multifamily property, located within walking distance of the University of North Alabama (UNA) in Florence, AL, features a five-unit apartment building. The property consists of four 1-bedroom, 1-bathroom units and one 2-bedroom, 1-bathroom unit. Currently, three units are occupied, while two units have been fully renovated and are ready for rental. The property includes a newer roof and a detached garage, which can be utilized for storage or to generate additional income. The lot size is 0.17 acres. The building has 3300 square feet of space. The property is being marketed for rent and is projected to meet the 1% rule for investors once fully occupied.
Key Highlights
- 5‑unit apartment building with 3 currently occupied units and 2 fully redone, rent‑ready units
- Unit mix: four 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
- Newer roof
Property Analytics
Property Profile
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FAQs
What type of property is this?
Apartment building - Five-unit apartment building near UNA, with income potential.
Where is this apartment building located?
The property is located at 727 Sherrod Avenue Florence, AL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: 5‑unit apartment building with 3 currently occupied units and 2 fully redone, rent‑ready units; Unit mix: four 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Newer roof
