1628 9th St Leeds, AL 35094-4140

Property Details for 1628 9th St

Year built

2012

Lot size

0.27 lot acres

Property size

4,283 SF

Zone code

M1

Property type

Investment properties

Property subtype

Live-work space

APN

25-00-21-1-009-001.000

APU

2500211009001000

Description

This exceptional four-unit commercial building in Leeds, Alabama, presents a compelling investment opportunity. Situated on a 0.27-acre lot with prime road frontage at 1628 9TH STREET, the property boasts over 4,000 square feet of brick construction. Currently 100% occupied by long-term tenants, this asset offers immediate and consistent cash flow. The low-maintenance design minimizes operational expenses, contributing to a highly stable income stream. Each of the four units features individually metered power and water, simplifying utility management and tenant billing. The property is priced significantly below its tax appraisal, representing a substantial value proposition for discerning investors. This is a rare chance to acquire a well-maintained, high-performing commercial property in a desirable location. The strong tenant occupancy and low maintenance requirements make this an ideal investment for those seeking passive income and long-term appreciation. The strategic location and substantial square footage provide significant potential for future growth and increased profitability. Don't miss this opportunity to secure a stable and lucrative investment in a thriving Alabama market. The asking price is $389,900.