107 Bailey Street, Rainbow City, AL 35906
- $2,105,000
- List Price
- $2,105,000
- MLS#
- 21923737
- Status
- ACTIVE
- Acres
- 1.83
- Lot Size
- 79,714
- County
- Etowah
- Subdivision
- J. Lowery Rogers
Property Description
Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.
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Additional Information
- Days on Market
- 14
- Appliances
- Oven, Refrigerator, W/D Hookup
- Exterior Features
- Curb/Gutters
- Heating
- Central
- Elementary School
- John S Jones Elementary
- Middle School
- Rainbow
- High School
- Southside High School
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Listing courtesy of Era King Real Estate.
Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..
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