Great opportunity to own a 4 unit apartment building on Logan Martin Lake!!! Property features one 3br/2ba, two 2br/1ba, and one 1br/1ba apartments, 2 piers, a boat launch, and approximately 360 feet of water frontage. The property is currently 100% occupied and generating $3,300 per month in income. Tenants pay all utilities and owner is responsible for lawn care and taxes. There is also potential for increased rent; great income and low expenses make this property an excellent investment.
Property Type: Multi Family Home
Sub Type: Quadplex
Listing Status: Active
County/Area: St. Clair County
Zip Code: 35135
Year Built: 1995
Elementary School: Iola Roberts
Middle School: Duran
High School: Pell City
Units: 4 units
Accessibility: Yes, See Miscellaneous
Area: Lincoln, Pell City, Riverside
Construction: Brick, Siding
Cooling: Ceiling Fans, Central Control (Cool), Central W/Ind Ctrl(Cool), Heat Pump (Cool)
Driving Directions: From I-20 Take Exit 162 And Go West On Highway 78, Home On Left Approximately 0.5 Miles From Interstate
Floors: Some Hardwood, Tile, Vinyl, Wall-To-Wall Carpet
Heating: Central Control (Heat), Central W/Ind Ctrl(Heat), Heat Pump (Heat)
Miscellaneous: Bbq Area, Handicapped Features, Recreation Area
Owner Pays: No Utilities (Owner)
Parking: Guest Parking, Other
Special Conditions Details: As Is
Tenant Pays: All Utilities (Tenant)
Type 1 Features: Den, Dishwasher, Kitchenette, Refigerator, Sep Living, Stove, Washer/Dryer Connection
Type 2 Features: Den, Dishwasher, Eating Area-Kitchen, Kitchenette, Refigerator, Sep Dining, Stove, Washer/Dryer Connection
Type 3 Features: Den, Dishwasher, Kitchenette, Refigerator, Sep Living, Stove, Washer/Dryer Connection
Nothing but positive!
We have worked with David over the past couple of years as both buyers and sellers.
In addition to David’s extensive knowledge of the Calhoun County area as well as market conditions and trends, we were especially impressed by his negotiation skills. In each transaction, he was able to get us where we wanted to be in both price and terms.
Again, nothing but positive things to say about David; we are happy to have him as both personal friend and realtor.
He’s the best, and would recommend him to anyone without reservation.
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