About This Home
This 0-bedroom, 0-bathroom residential multi family at 316 Crown St N in Florence, AL is listed for $509,900 ($327 per sqft). Built in 1947, the home offers 1,560 sqft of living space on a N/A lot.
Key Features
- Built in 1947
Property Details
Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio.
The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence. Financials available upon request. Properties are occupied, please do not disturb tenants.
No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.
Monthly Cost Estimate
$2,727/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
316 Crown St N
Florence, AL 35630
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 316 Crown St N is listed at $509,900 ($327/sqft). The estimated monthly payment is $2,727 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1947.
This property is listed by Melissa Goduti and can be reached at (256) 349-3638.