11450 Cogswell Ave, Riverside, AL 35135 | MLS 750447 | Listing Information
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11450 Cogswell Ave, Riverside, AL 35135

$549,900
|
|
MLS# 750447
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Last Updated: 12/8/2016 9:53 AM
Description for 11450 Cogswell Ave Riverside, AL 35135
Unique investment opportunity awaits with this 4 unit apartment building on Lake Logan Martin in Lincoln, AL, This quadraplex is fully rented and it brings in $3025, a month in rental income. It is in a great location on the lake with 2 piers, a boat launch, a seawall, 10-12 parking spaces, a picnic area, and 360 feet of water front. Each unit boasts a view of the lake and features either a deck or a patio. Could produce more income by renting as vacation or seasonal property. There is 1 3 BD 2 BA unit, 2 2BD 1 BA units, and 1 1 BD 1 BA unit. All units have individual utilities. Owner is responsible for maintenance and cutting grass in spring and summer.
Price
$549,900
None
St. Clair
750447
Active
Description
Unique investment opportunity awaits with this 4 unit apartment building on Lake Logan Martin in Lincoln, AL, This quadraplex is fully rented and it brings in $3025, a month in rental income. It is in a great location on the lake with 2 piers, a boat launch, a seawall, 10-12 parking spaces, a picnic area, and 360 feet of water front. Each unit boasts a view of the lake and features either a deck or a patio. Could produce more income by renting as vacation or seasonal property. There is 1 3 BD 2 BA unit, 2 2BD 1 BA units, and 1 1 BD 1 BA unit. All units have individual utilities. Owner is responsible for maintenance and cutting grass in spring and summer.
Listing Information
Property Type: Other
1995
None
Neighborhood
School Information
KENNEDY W M DURAN PELL CITY
Room Information
Interior Features
Tile, Vinyl
Driving Directions
I-20 EAST TO EXIT 162 (RIVERSIDE). RIGHT ON HWY 78 (COGSWELL AVE). GO 1 MILE AND HOUSE IS ON THE LEFT
Financial Considerations
$2,300

Riverside Real Estate

Riverside is located in Alabama. Riverside, Alabama 35135 has a population of 2,050.

The median household income in Riverside, Alabama 35135 is $59,688. The median household income for the surrounding county is $49,652 compared to the national median of $53,046. The median age of people living in Riverside 35135 is 42.8 years.

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Courtesy: Keller Williams Realty Trussvi
All information provided is deemed reliable but is not guaranteed and should be independently verified. Such 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 may be interested in purchasing.
Information is deemed reliable but is not guaranteed.

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