About This Home
This 2-bedroom, 2-bathroom residential multi family at 115 Drake Avenue in Auburn, AL is listed for $625,000 ($618 per sqft). Built in 1955, the home offers 1,012 sqft of living space on a 0.11 acres lot.
Key Features
- Built in 1955
- 0.11 acre lot
Property Details
One of the last duplexes near Downtown Auburn! Located just a half mile from Toomer's Corner, 115 Drake Avenue is a rare investment opportunity with both units currently leased, providing immediate rental income. The detached rear outbuilding offers excellent potential for storage, a workshop, or future expansion.
Qualified buyers may have access to 0% down financing, closing cost assistance, preferred rate incentives, and other exclusive buyer discounts. Need to sell your current home first? If you buy this property, we'll buy yours!* For added peace of mind, this home also includes our 12-Month Buyer Satisfaction Guarantee-if your needs change, we'll sell
it for free.* Completely rebuilt down to the studs in 2020, the property features all-new plumbing, electrical, roof, interior, exterior, and quality finishes throughout, offering the feel of a brand-new home. Contact the listing agent for current rental information, renovation details, and to learn more about our exclusive buyer programs.
Monthly Cost Estimate
$3,343/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
115 Drake Avenue
Auburn, AL 36830
Property Details
Flooring
Construction
Heating
Questions & Answers
This 2-bedroom, 2-bathroom residential multi family at 115 Drake Avenue is listed at $625,000 ($618/sqft). The estimated monthly payment is $3,342 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1955, 0.11 acre lot.
This property is listed by Richard Hayley and can be reached at 334-750-4839.