$499,000
28 Shoals Boulevard, Florence, AL 35630
- 4,000 sqft
Commercial Property
Built in ——
0.45acre lot
—— car garage
$125/sqft
Listed 8 months ago
Property Description
This property is a Multi unit Airbnb. Income is assumed at $58,000 annual net income. This puts this at 11.6% CAP. The guest house rents out at $1800 mo, the main house goes for $425 a day, which it would be more stablized if you leased out the 5 bedrooms instead. The garage is almost complete to be done into a studio apt. A historic home, Jackson House, built in 1898. Ready to be certified historic, it was not yet to ensure all renovetions could be done.
- Listing Status:
- Active
- Date Added:
- November 5, 2024 at 06:00AM
- Listing Office:
- Engel & Volkers Shoals : 833-588-2737
- MLS ID:
- 21874729
- Basement: Full
- Flooring: Wood
- A/C: Central Air
- Heating: Central
This listing courtesy of Engel & Volkers Shoals
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
W
Weeden Elementary School
400 Baldwin St, Florence, AL, 35630
Grades PK-4
1.07 miles away
F
Florence Middle School
648 N Cherry St, Florence, AL, 35630
Grades 7-8
2.87 miles away
F
Florence Freshman Center
1203 Bradshaw Dr, Florence, AL, 35630
Grades 9-9
2.29 miles away