500 Annapolis Ave, Sheffield, AL 35660

$250,000

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List Price
$250,000
Status
ACTIVE
MLS#
529291
Days on Market
99
Property Type
Single Family Residential

Property Description

Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.

Additional Information

Exterior Features
None
Elementary School
Sheffield
Middle School
Sheffield
High School
Sheffield

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of MarMac Real Estate - The Shoals.