5-Unit Apartment
For Sale
$300,000
727 SHERROD AVENUE, Florence, AL 35630
Residential Income, FLORENCE, AL
Property Size3,300 SF
Lot Size0.17 Acres
Price / SF$90.91
Days on Market248
Property Features for 727 SHERROD AVENUE
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
7
Parking features
Garage, Driveway
Subdivision
CITY OF FLORENCE
Elementary school
FLORENCE
Middle school
FLORENCE
High school
FLORENCE
Directions
From wood ave, turn right onto hawthorne, and left onto Sherrod Ave, house on right.
Standard status
Active
Size
3,300 SF
Lot size
0.17 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
50' X 145'S CHRISTIAN PLACE ADD S/D BLK 6 LOTS 14 PB 1 PG 200 SEC 10 T3S R11W .16 AC/C
Legal Description
50' X 145'S CHRISTIAN PLACE ADD S/D BLK 6 LOTS 14 PB 1 PG 200 SEC 10 T3S R11W .16 AC/C
Utilities
Water source
Public
Building Details
Number of units
5
Building materials
Brick
Listing Agency:
RE/MAX Today
(256) 468-2190
Listed By:
Jacob Harbin · License #118980
(256) 710-7911
Added: Feb 24
Changed: Oct 29
Last Checked: Oct 30 at 2:06AM
MLS# 21910640
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Investment Insights
Based on property information with market context.
This brick apartment property contains five units: four with one bedroom and one bathroom, and one with two bedrooms and one bathroom. Three units are occupied; the other two have been renovated and are being marketed for rent. A newer roof and detached garage are additional property features. The site covers 0.17 acres and has public water service, along with driveway parking.
The property is within walking distance of UNA in Florence, Alabama. The detached garage offers a separate enclosed space that can serve for storage or generate additional income.
The property is within walking distance of UNA in Florence, Alabama. The detached garage offers a separate enclosed space that can serve for storage or generate additional income.
Key Highlights
- Five apartment units: four 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- Three units occupied; two recently renovated units are being marketed for rent
- 0.17‑acre site with a 3,300‑square‑foot apartment building
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
642
Businesses Nearby
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Business Placement
Demographics for 35630, AL
32,671
Population
17,371
Households
1.9
Avg Household Size
36
Median Age
28%
College-Educated
89%
High-School Grad
25.3 sq mi
ZIP Area
1,291
Density / Sq Mi
$44,168
Median Household Income
$29,081
Median Earnings
$783
Median Rent
$153,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix includes four one-bedroom apartments and one two-bedroom apartment, with a detached garage on the property.
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 $300,000.
What are key features of this property?
This property features: Five apartment units: four 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; Three units occupied; two recently renovated units are being marketed for rent; 0.17‑acre site with a 3,300‑square‑foot apartment building
