$1,555,000

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11261 Lawngate Road Athens, AL, United States 35611

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.

Amenities

  • Bedrooms: 0
  • Full Bathrooms: 0
  • Partial Bathrooms: 0
  • Property Type: Residential Multi Family
  • Architectural Style: Other
  • Year Built: 1990
  • Built in 1990
  • Home size: 0 ft2 / 0.00 m2
  • MLS: 21868055
  • Status: Active
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Property brokered by

Capstone Realty – an ARC Realty Company

(256) 382-7300

Presented by Victoria Fielder

  • (256) 382-7300
  • (256) 382-7300 (Office Phone)

Contact Victoria Fielder

Contact Agent

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  • 11261 Lawngate Road
    Athens, AL, United States $1,555,000 Bedrooms: 0 Full Bathrooms: 0 Details


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