Jackson Ave, Muscle Shoals, AL 35661 | MLS 414772 | Listing Information
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Jackson Ave, Muscle Shoals, AL 35661

$1,700,000
|
48 Full baths, 5,200 sqft
|
MLS# 414772
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Last Updated: 12/9/2016 8:56 PM
Description for Jackson Ave Muscle Shoals, AL 35661
24 unit apartment complex built in 1996. Located just 2 blocks from Wilson Dam Road in the City of Muscle Shoals, this rare investment opportunity does not come around often in this stable marketplace. Split into 6 brick quadplexes, the 3 bed, 2 bath, 1,263sf units have been remodeled and enjoy full occupancy. Currently receiving $625/month per unit. Roofs replaced in 2008. Vacant space next to last building is included which is large enough to build another quadplex and increase equity and income.
Price
$1,700,000
Muscle Shoals Center
Colbert County
48 Full
5,200 (approx)
414772
Active
Description
24 unit apartment complex built in 1996. Located just 2 blocks from Wilson Dam Road in the City of Muscle Shoals, this rare investment opportunity does not come around often in this stable marketplace. Split into 6 brick quadplexes, the 3 bed, 2 bath, 1,263sf units have been remodeled and enjoy full occupancy. Currently receiving $625/month per unit. Roofs replaced in 2008. Vacant space next to last building is included which is large enough to build another quadplex and increase equity and income.
Listing Information
Property Type: General Commercial, Other
48 Full 5,200 (approx)
Muscle Shoals Center
Electric, Sewer
Neighborhood
Room Information
Bathrooms
48
Exterior / Lot Features
None
835 x 105, 1-2.99 acres

Muscle Shoals Real Estate

Muscle Shoals is located in Alabama. Muscle Shoals, Alabama 35661 has a population of 13,182.

The median household income in Muscle Shoals, Alabama 35661 is $51,444. The median household income for the surrounding county is $40,158 compared to the national median of $53,046. The median age of people living in Muscle Shoals 35661 is 39.7 years.

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Courtesy: WEICHERT REALTORS - PROSOUTH
The IDX information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers myay be interested in purchasing. Copyright 2016 Realtor Association of the Muscle Shoals Area. All rights reserved.
Information is deemed reliable but is not guaranteed.

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