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    1711 Electronics Dr

    Anniston, AL 36207
    • $465,000
    • STATUS: Active Under Contract
    • ON SITE: 34 days
    • MLS #: 892771
    Under Contract
    UPDATED: 32 min ago
    $465,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1964
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    10.27% cap rate (2020 year to date) and White Plains school district highlight this unique investment opportunity. 11 apartments (Eight 2BR/1BA and three 1BR/1BA) total in 3 separate structures. Also included is a 3BR/1BA single family full brick home w/in-ground pool and a concrete pad with electricity run to it. An additional approximately 3.5 acres available to build on. Great business opportunity. All units are rented. All 3 apartment buildings have metal roofs that are less than 5 years old. Expenses were 1.09% for 2019, and cap rate was 8.81%. Property is in Golden Springs area, but White Plains school district. All properties are on well water. One separate well for home and another well for the 3 apartment buildings. Contact agent for virtual tour links.

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    © 2020 Greater Alabama Multiple Listing Service, Inc. IDX information is provided exclusively 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. IDX content is not guaranteed accurate by the MLS or Howard Whatley | RE/MAX Southern Homes. Data last updated: 2020-09-22T10:40:49.513.

    www.topbirminghamhomes.com/homes/109108463
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    1711 Electronics Dr Anniston, AL 36207

    • Price: $465,000
    • Status: Active Under Contract
    • Updated: 32 min ago
    • MLS #: 892771
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1964
    Built
    Neighborhood:
    None
    County:
    Calhoun
    Area:
    Calhoun County
    Elementary School:
    White Plains
    Middle School:
    White Plains
    High School:
    White Plains
    Property Description
    10.27% cap rate (2020 year to date) and White Plains school district highlight this unique investment opportunity. 11 apartments (Eight 2BR/1BA and three 1BR/1BA) total in 3 separate structures. Also included is a 3BR/1BA single family full brick home w/in-ground pool and a concrete pad with electricity run to it. An additional approximately 3.5 acres available to build on. Great business opportunity. All units are rented. All 3 apartment buildings have metal roofs that are less than 5 years old. Expenses were 1.09% for 2019, and cap rate was 8.81%. Property is in Golden Springs area, but White Plains school district. All properties are on well water. One separate well for home and another well for the 3 apartment buildings. Contact agent for virtual tour links.
    Exterior Features

    Multifamily Property Type Apartment

    Interior Features

    Cooling AtticCeiling FansCentral Control (Cool)Electric (Cool)Gas (Cool)Heat Pump (Cool)Individual Units (Cool) Floors LaminateSome HardwoodTileVinylWall-To-Wall Carpet Foundation Crawl SpaceSlab Heating Central Control (Heat)Electric (Heat)Gas HeatHeat Pump (Heat)Individual Units (Heat) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN Some Type One Half Baths 0 Type Three Bedrooms 3 Type Three Eff YN No Type Three Full Baths 1 Type Three Furnished ASN Some Type Three Half Baths 0 Type Two Bedrooms 1 Type Two Eff YN No Type Two Full Baths 1 Type Two Furnished ASN Some Type Two Half Baths 0

    Property Features

    Construction BrickBrick And FrameConcrete/BlockFrameShingleSiding Expenses 19155 Financing CashConventional Sales Type As Is Tenant Pays Cable/Tv Connect (Tenant)Electric (Tenant)Gas (Tenant) Type One Eff YN No Type One Features DenDishwasherKitchenetteRefrigeratorStoveWasher/Dryer Connection Type One Units 8 Type Three Features DenDishwasherEating Area-KitchenRefigeratorSep DiningStoveWasher/Dryer Connection Type Three Units 1 Type Two Features DenDishwasherKitchenetteRefigeratorStoveWasher/Dryer Connection Type Two Units 3 Year Built Desc Existing

    Listing provided courtesy of Exp Realty, Llc. © 2020 Greater Alabama Multiple Listing Service, Inc.


    © 2020 Greater Alabama Multiple Listing Service, Inc. IDX information is provided exclusively 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. IDX content is not guaranteed accurate by the MLS or Howard Whatley | RE/MAX Southern Homes. Data last updated: 2020-09-22T10:40:49.513.

     
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    Howard Whatley | RE/MAX Southern Homes
    110 Inverness Corners
    Birmingham AL, 35242