Built in 2025, this new-construction barndominium offers an excellent investment opportunity with immediate income and significant expansion potential. Currently rented for $900/month with a one-year lease in place. Unit 3 has a recent appraisal of $90,000.The property is already positioned for future development, with infrastructure in place to accommodate 4 additional units immediately. Improvements include a 5-gang meter base and a 6-inch main sewer line, with sewer capacity designed to support up to 15 total units. The property is fully enclosed by a 6-foot chain-link fence with a double-gate entrance. Unit 3 features a 3.5-ton central HVAC system, stainless steel appliances that convey, Alabama Power, and city sewer.Whether you're looking for immediate rental income, the opportunity to create a small rental community, or a larger long-term development project, this property offers a strong foundation for growth. Don't miss this unique investment opportunity! Buyer to verify info
Listed By
Agency Name: Southern Premier Real Estate
Agency Phone: 256-874-7823
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Estimated Payment
$ 379.75 per month $333.83 Principal & Interest $2.17 Property Tax $43.75 Homeowner's Insurance
406 2nd Ave | MLS# 530900
This single family home located at 406 2nd Ave, Haleyville, AL 35565 is currently listed for sale with an asking price of $150,000. This property was built in 2025 and has 1 bedrooms and 1 full baths with 720 sq. ft. 2nd Ave is located in the Mitchell Addition subdivision. Search Mitchell Addition real estate on www.clcommercialrealestate.com today.