About This Home
This 5-bedroom, 4-bathroom residential multi family at 101 Swift St in Atmore, AL is listed for $375,000 ($383 per sqft). Built in 2007, the home offers 980 sqft of living space on a N/A lot.
Key Features
- Built in 2007
Property Details
Amenities
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual - Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068+/- sf of leased space.
Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are appr
oximately 7 years or newer *2 sites inside Atmore city limits, 1 site outside city limits in Perdido. Rent roll by site: 101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280+/- sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey.
AC unit is 4 to 5 years old. 60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248+/- sf, rebuilt after a fire. 3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280+/- sf, and one 70x14 at 2BR/2BA, 980+/- sf.
Owner costs stay low, and tenants carry what they use. Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent. The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour.
Monthly Cost Estimate
$2,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
101 Swift St
Atmore, AL 36502
Features & Amenities
Interior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 5-bedroom, 4-bathroom residential multi family at 101 Swift St is listed at $375,000 ($383/sqft). The estimated monthly payment is $2,005 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2007. Interior Features: Ceiling Fan(s), High Speed Internet.
This property is listed by Taylor Helton Lee and can be reached at 2512942060.