601 Ashley Circle Active Save Request In-Person Tour Request Virtual Tour
Brewton,AL 36426
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,068 sqft
Price per Sqft $86
Subdivision Brewton
MLS Listing ID 373949
Bedrooms 2
Full Baths 1
Construction Status Resale
Year Built 1971
Annual Tax Amount $9,121
Lot Size 4.000 Acres
Property Sub-Type Multi Family
Property Description
Looking for a great investment opportunity in Brewton look no further. 601 Ashley Circle has 10 units of 2 bedroom 1 bath apartments with small laundry in each location with an avg rent of $700 per month. 605 Ashley is 6 units with one bedroom and 1 bath with an avg rent around $600. All units have central air and heat, electric range, and dishwasher. 601 Ashley was re roofed in the last 2 years. The two apartments sit on a total of two acres. There is an additional 1.68 acres parcel that could be developed for future rental properties. Zoned R-4 High Density Multi-family Residential. Every unit is 100% occupied and the demand in Brewton for rentals is only increasing. Both complexes and the adjoining land to be sold together. Seller will not split Buyer to verify all information during due diligence.
Location
State AL
County Escambia
Area Other Area
Zoning Other-See Remarks
Interior
Heating Central
Cooling Central Electric (Cool)
Flooring Carpet,Tile,Vinyl
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Electric Range,Refrigerator
Exterior
Parking Features None
Community Features None
Utilities Available Cable Connected
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Attached Garage false
Garage Yes
Building
Story 1
Foundation Slab
Sewer Public Sewer
Water City of Brewton Water
New Construction No
Construction Status Resale
Schools
Elementary Schools Not Baldwin County
Middle Schools Not Baldwin County
High Schools Not Baldwin County
Others
Ownership Whole/Full
Acceptable Financing Other-See Remarks
Listing Terms Other-See Remarks