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Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.

PROPERTY FEATURES

Water Source : Public Sewer Source : Public Sewer
24 Total Parking Parking Features : Driveway-Gravel Open Parking On Property.
Exterior Features: Curb/Gutters
Zoning Description : Residential
Cooling in Property: Cooling: Wall Unit(s) Heating in Property: Heating : Electric, Wall Furnace
Number Of Buildings : 4

PROPERTY DETAILS

Street Address: 11261 Lawngate Road
City: Athens
State: Alabama
Postal Code: 35611
County: Limestone
MLS Number: 21868055
Year Built: 1990
Courtesy of Capstone Realty

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