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
**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.
Looking for additional investment potential? 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**.
Monthly Cost Estimate
$1,443/mo
20% down · 6.5% · 30 years
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 and can be reached at (256) 284-7781.
