Turnkey Duplex in Center
1713 6th Place NW Circle Center Point, AL 35215
1713 6th Place NW Circle, Center Point, AL, 35215
$225,000
For Sale
$225,000
Cash-flowing duplex in Center Point, leased through August 2026.
Property Size1,350 SF
Price / SF$166.67
Days on Market122
Property Features for 1713 6th Place NW Circle
General Information
- Standard status
- Active
- Size
- 1,350 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1980
Listing Agency
eXp Realty, LLC Central
(205) 790-0944
Listed by
Tim Lantz
(205) 790-0944
Source
Exitrealty
Added: Mar 17 Checked: Jul 16 at 3:59 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty, LLC Central
Investment Insights
Based on property information with market context.
This well-maintained duplex, located in Center Point, presents an investor opportunity with strong cash flow. Both units are leased through August 31, 2026, providing immediate and stable income. Unit 1711 rents for $960 per month, and unit 1713 rents for $1,165 per month. Each unit features 3 bedrooms and 1.5 baths, a large living area, and an ample kitchen with a dedicated laundry room. Each unit also includes its own unfinished basement and attached garage, providing valuable storage space and added tenant appeal. The property size is 1350 square feet. This property is professionally managed and offers dependable returns.
Key Highlights
- Turnkey duplex providing immediate and stable cash flow.
- Both units are leased through August 31, 2026.
- Professionally managed property.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $19.0k | $14.04 |
| − Vacancy | −$2.3k | −$1.73 |
| EGI | $16.6k | $12.31 |
| − OpEx | −$5.0k | −$3.69 |
| NOI | $11.6k | $8.61 |
1,350 SF · lease $14.04/SF/yr · vacancy 12.35% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$166.1K
$145.4K – $193.8K
NOI $11,629 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$147.3K
$128.9K – $171.8K
NOI $10,310 @ 7.0% cap · market cap 4.58%
Theoretical Best
Office A
$464.4K
$406.4K – $541.8K
NOI $32,510 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Cash-flowing duplex in Center Point, leased through August 2026.
Where is this duplex located?
The property is located at 1713 6th Place NW Circle Center Point, AL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Turnkey duplex providing immediate and stable cash flow.; Both units are leased through August 31, 2026.; Professionally managed property.
