About This Home

This 2-bedroom, 2-bathroom single family at 261 Cypress Mill Rd #2 in Florence, AL is listed for $269,900 ($150 per sqft). Built in 1930, the home offers 1,800 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1930
  • 0.02 acre lot

Property Details

1 full
#2
1930
Listing Description

BUSINESS OPPORTUNITY + SPACE TO LIVE UPSTAIRS! This versatile property offers the unique opportunity to combine your business and residence all in one location. **Zoned for both residential and commercial use**, the possibilities are wide open for an entrepreneur, investor, or owner-occupant.

The property features two separate apartments, one upstairs and one downstairs, each with its own private entrance. The flexible layout allows the ground floor to be used as a business space while you live upstairs, making this an excellent option for someone looking to operate a business without the expense of a separate commercial space and home.

The property also offers the possibility of redevelopment into multiple apartment units, providing another avenue for future use and income potential. With multiple ways to utilize the space, this property is a rare opportunity for those looking to work, live, and invest in one location. Just a few blocks from the new UNA stadium.

Monthly Cost Estimate

$1,443/mo

20% down · 6.5% · 30 years

Principal$195
Interest$1,170
Insurance$79

Estimates only. Actual payments may vary.

Location

261 Cypress Mill Rd #2

Florence, AL 35630

Questions & Answers

This 2-bedroom, 2-bathroom single family at 261 Cypress Mill Rd is listed at $269,900 ($150/sqft). The estimated monthly payment is $1,444 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1930, 0.02 acre lot.

This property is listed by Brenda M Kelly.

BK

Brenda M Kelly

Agent at Dewayne Crumley

Listed by Dewayne Crumley · Broker phone: (256) 284-7781 · View on Broker Site · Broker website

MLS# 529070· Source: Strategic MLS Alliance, INC.· 161 days on PropertySimple

Copyright © 2026 Strategic MLS Alliance, INC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

261 Cypress Mill Rd #2, Florence, AL 35630

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