602 E Tuscaloosa St, Florence, AL 35630

$440,000

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List Price
$440,000
Status
ACTIVE
MLS#
527523
Days on Market
186
Property Type
Single Family Residential

Property Description

Rare downtown investment opportunity! This spacious duplex located on E Tuscaloosa St in Florence offers 2 income-producing units that are both currently rented in a prime location just minutes from shopping, restaurants, and UNA. Unit 1 features 3 bedrooms and 2 bathrooms. Unit 2 offers 4 bedrooms and 2 bathrooms. Originally a commercial building, and located in the RB zoning district in Florence, this property has been converted to residential use and offers excellent potential for investors looking to expand their portfolio or for an owner-occupant looking to live in one unit and rent the other or run a business out of the other! With strong rental demand near downtown Florence and The University of North Alabama, this property offers both cash flow and long term appreciation potential. Updates all within the last 3 years include new roof, HVAC, and water heater, painted parking lot. BOTH UNITS CURRENTLY RENTED DONT MISS THIS OPPORTUNITY! Buyer to verify all info.

Additional Information

Exterior Features
Outdoor Grill
Elementary School
City
Middle School
City
High School
City
Subdivision
Florence

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Calculator source: Real Geeks

Listing courtesy of Modern Market Real Estate.