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BEDS0
BATHS
MLS#530999
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONHistoric Downtown
NEIGHBORHOODFlorence
Property Description
FIVE separate apartments in this charming rental property located in the heart of Florence's prestigious Historic District. Walnut Street is one of Florence's most desirable streets, and this home blends seamlessly with the surrounding historic area. Five fully rented 1bed/1bath apts attract long term tenants and include beautiful architectural elements, high ceilings, hardwoods, porches, laundry hookups and varying unit sizes. Rents range from $530 - $1125. HVAC units are 2022 or newer, 10-year-old roof, new exterior paint and 5 off-street parking spots. Easy walking distance to downtown shops, restaurants, Wilson Park, the University of North Alabama and it's new football stadium. This exceptional investment offers strong rental income with value-add potential. Short-term rental use possible. Start your investment on day one to add or begin your real estate portfolio. Properties like this are rarely available - perfect for those who value character, convenience and charm.
Property Features
Property Type: Multi Unit - Multiple
Lot Size: 0.25 Acres
Roof Type: Shingle
Taxes: $1,589
Year Built: 1922
Feature Descriptions
Built Before 1978 Y/N: Yes
City Limits Y/N: Yes
Community Features: Sidewalks, Street Lights
Days on Site: 1
Flooring: Hardwood
Lot Dimensions: 65X176
Multiple Level Y/N: Yes
Parcel Number: 24-01-11-3-003-024-000
Parking Features: Alley Access, Off Street
Road Frontage: City Street
Sewer: Public Sewer
Unit Features: Dishwasher, Microwave, Range/Oven, Refrigerator, Washer/Dryer, Washer/Dryer Hook Up
Water: Public
Local Schools
High School: City/County
Middle School: City/County
Elementary School: City/County
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Pinnacle Properties
Agency Phone: 256-766-0069
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone:
Source: Shoals MLS
Estimate Your Payment
Estimated Payment
$ 1,529.48 per month $1,235.19 Principal & Interest $132.42 Property Tax $161.88 Homeowner's Insurance
429 Walnut St | MLS# 530999
This multi-family property located at 429 Walnut St, Florence, AL 35630 is currently listed for sale with an asking price of $555,000. Search Florence real estate on www.clcommercialrealestate.com today.