429 N Walnut St, Florence, AL 35630

Property Description

FIVE separate apartments in this charming rental property located in the heart of Florence’s prestigious Historic District. Walnut Street is one of Florence’s most desirable streets, and this home blends seamlessly with the surrounding historic area. Five fully rented 1bed/1bath apts attract long term tenants and include beautiful architectural elements, high ceilings, hardwoods, porches, laundry hookups and varying unit sizes. Rents range from $530 - $1125. HVAC units are 2022 or newer, 10-year-old roof, new exterior paint and 5 off-street parking spots. Easy walking distance to downtown shops, restaurants, Wilson Park, the University of North Alabama and it's new football stadium. This exceptional investment offers strong rental income with value-add potential. Short-term rental use possible. Start your investment on day one to add or begin your real estate portfolio. Properties like this are rarely available - perfect for those who value character, convenience and charm.