402 Green Briar Cove RdUnion Grove, AL 35175
- Residential income properties
- 2,820 SF
Property Details for 402 Green Briar Cove Rd
- Lot size
- 0.80 AC
- Property size (Sq ft)
- 2,820 SF
- Property type
- Residential income properties
- Property subtype
- Multifamily properties
Description
This exceptional investment opportunity presents a three-unit apartment building situated on a 0.8-acre lot in Union Grove, Alabama. The property, located at 402 Greenbriar Cove Rd, 35175, comprises three individual mobile homes, each with its own septic tank. Two units boast three bedrooms and two bathrooms, while the third unit offers two bedrooms and two bathrooms. Heating and cooling systems vary across the units; one features an electric heat pump, another a furnace, and the third utilizes wall units with window air conditioners. The property provides ample parking with six spaces available. The combined monthly rental income currently totals $1700, representing a strong return on investment. The total square footage of the building is 2,820 square feet. This property is priced at $159,000 and presents a compelling entry point into the rental market, offering immediate cash flow and significant potential for future growth. The property's location in Union Grove, Alabama offers a convenient and accessible setting for tenants. This is a turnkey investment ready for a new owner.
Location Insight
- City
- Union Grove
- County
- Marshall
- State
- Alabama
- Latitude
- 34.4375
- Longitude
- -86.5408
Comparable in this City
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