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11261 Lawngate Road

Athens, AL 35611
  • $1,555,000
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: 21868055
UPDATED: 63 min ago
$1,555,000
  • 0
    BEDS
  • 4.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.

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ValleyMLS logo © 2024 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Legend Realty and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. 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. Data last updated 2024-10-09T07:27:50.05.
www.homeslegend.com/homes/153518802
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11261 Lawngate Road Athens, AL 35611

  • Price: $1,555,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 63 min ago
  • MLS #: 21868055
0
Beds
0
Baths
0
½ Baths
4.8
Acres
1990
Built
Neighborhood:
Metes And Bounds
County:
Limestone
Area:
Limestone
Elementary School:
Bluesprings Elementary
Middle School:
Clements
High School:
Clements
Property Description
Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.
Exterior Features

Exterior Features Curb/Gutters Parking Features Driveway-Gravel

Interior Features

Bedrooms In Unit2 3 Bedrooms Unit1 3 Bedrooms Unit3 3 Bedrooms Unit4 3 Building Area Total 1456 Cooling Wall Unit(s) Cooling YN Yes Heating ElectricWall Furnace Heating YN Yes

Property Features

City Limits No New Construction YN No Number Of Units Unit2 3 Number Of Units Unit3 3 Property Sub Type Multi Family Sewer Public Sewer Water Source Public Year Built Renovated 3 Zoning Description Residential

Listing provided by Capstone Realty: 256-382-7300.


ValleyMLS logo © 2024 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Legend Realty and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. 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. Data last updated 2024-10-09T07:27:50.05.
 
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Legend Realty
3508 Memorial Parkway SW
Huntsville AL, 35801