Brewton, AL 36426,601 Ashley Circle
Brewton, AL 36426,601 Ashley Circle
Brewton, AL 36426,601 Ashley Circle
Brewton, AL 36426,601 Ashley Circle
Brewton, AL 36426,601 Ashley Circle
Brewton, AL 36426,601 Ashley Circle
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$ 1,300,000
Est. payment | /mo

2 Beds

1 Bath

15,068 SqFt


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$ 1,300,000
Est. payment | /mo
Save

2 Beds

1 Bath

15,068 SqFt

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

Listed by Hines Realty, LLC
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W240N3485 Pewaukee Rd, Pewaukee, WI, 53072, United States

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601 Ashley Circle