10,018 Sqft Lot
10,018 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID E103543
Construction Status Resale
HOA Y/N No
Year Built 1988
Annual Tax Amount $1,393
Tax Year 2025
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type Duplex
Property Description
Well-maintained duplex offering immediate cash flow with built-in upside potential. This property is ideal for investors seeking a combination of current income and future rent growth.
Unit A is currently rented at $750/month with a lease in place through January 2027, providing long-term stability and predictable income.
Unit B is rented at $660/month with a lease in place through November 2026, offering additional income with opportunity for future rent adjustments.
Total current rental income: $1,410/month
The property features a new roof installed in 2022, helping reduce near-term capital expenses and improving overall investment security.
Both units are currently below market rent, with projected rents estimated in the $850–$950/month range per unit, creating a clear path for increased cash flow over time.
Highlights:
Total current rental income of $1,410/month
Long-term leases in place (Nov 2026 & Jan 2027)
New roof (2022)
Below-market rents with strong upside potential
Stable, low-maintenance investment
This property can be purchased individually or as part of a larger portfolio, including multiple duplexes and quadplexes—ideal for investors looking to scale quickly with income-producing assets. Contact listing agent for full portfolio details.
Location
State AL
County Russell
Body of Water None
Interior
Interior Features InteriorFeatures
Heating Central
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Window Features None
Exterior
Parking Features Driveway
Fence None
Community Features None
Utilities Available Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N Yes
Water Access Desc Public
View City
Roof Type Shingle
Accessibility None
Total Parking Spaces 2
Building
Lot Description Corner Lot
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Vinyl Siding
Construction Status Resale
Others
Security Features None
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan
Green/Energy Cert None
Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard, None
Nearby Locations
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