316 Crown St, Florence, AL 35630

$509,900

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List Price
$509,900
Status
ACTIVE
MLS#
531093
Days on Market
1
Property Type
Single Family Residential

Property Description

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.

Additional Information

Elementary School
Florence
Middle School
Florence
High School
Florence
Subdivision
Florence

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Calculator source: Real Geeks

Listing courtesy of MarMac Real Estate - The Shoals.