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Multifamily Buildings on Highway 9

88235 HIGHWAY 9 Lineville, AL 36266

88235 HIGHWAY 9, Lineville, AL, 36266

$575,000

Pending

For Sale

$575,000

Pending

MULTI_FAMILY - LINEVILLE, AL

Lot Size1.25 Acres

AddedSep 28, 2023

Days on Market1022

Last RefreshJul 15 at 11:06 pm

Property Features for 88235 HIGHWAY 9

General Information

Property type: Residential Multi Family
Property subtype: Apartment
Standard status: Pending
APN: 17-11-01-12-1-000-061.003
Lot size: 1.25 Acres

Taxes and HOA fees

Tax Description: 127.59 X205.10 IRR LOT:(EXEMPT-AL MENTAL HEALTH COM INT O F W ROW AL HWY 9 & N ROW ASHLAND-LINEVILLE RD TH N 210 (S) ALONG W

Utilities

Heating system: Central
Cooling system: Central Air, Electric
Water source: Public

Building Details

Year built: 1998
Number of units: 1
Flooring type: Tile, Vinyl
Building materials: Siding

Listing agent Billy Robertson

Listing office Hunter Bend Realty, LLC Lineville Branch 88865 Highway 9 P. O. Box 68, Lineville, AL

Listing date Sep 28, 2023

MLS# 21366651 Listing URL

Investment Insights

Based on property information with market context.

This offering includes two separate buildings on approximately 1.25 acres, each with its own configuration. One building has five separate apartments, with each unit providing approximately 1,000 SF and a layout that includes two bedrooms, a bathroom, kitchen, living/dining combination, and a laundry room. That building was built in 1998 and features vinyl siding and a shingle roof, along with a large covered front porch.

The second building was built in 1920 and includes multiple bedroom and half-bath options, along with a kitchen and living/dining room space. It features vinyl siding and a metal roof and totals approximately 2,572 SF of space. The property notes that the buildings are handicap accessible and have CH&A, alarm, and sprinkler systems.

The two parcels may be sold separately, and the listing describes potential for varied uses including apartments, office space, and residential opportunities.

Key Highlights

Two‑building property on approx. 1.25 acres on Hwy. 9 (may be sold separately)
Building 1: 5 separate apartments, each approx. 1,000 SF with 2 BR, 1 bath, kitchen, living/dining, and laundry room
Building 1 built in 1998 with vinyl siding and shingle roof; includes large covered front porch

Property Analytics

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For sale
Apartment buildings
AL
Lineville
36266
88235 HIGHWAY 9

What type of property is this?

Apartment building - Two multifamily buildings on two parcels include separate apartment units and multiple bedroom layouts.

Where is this apartment building located?

The property is located at 88235 HIGHWAY 9 Lineville, AL.

What is the asking price?

The asking price for this property is $575,000.

What are key features of this property?

This property features: Two‑building property on approx. 1.25 acres on Hwy. 9 (may be sold separately); Building 1: 5 separate apartments, each approx. 1,000 SF with 2 BR, 1 bath, kitchen, living/dining, and laundry room; Building 1 built in 1998 with vinyl siding and shingle roof; includes large covered front porch