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11261 Lawngate Road

Athens, AL 35611
  • $1,555,000
  • STATUS: Active
  • ON SITE: 117 Days
  • MLS #: 21868055
UPDATED: 41 min ago
$1,555,000
  • 0
    BEDS
  • 4.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1990
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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ValleyMLS logo © 2024 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Distinctive | Lowrey Team and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-05T14:27:53.58.
www.lowreyteam.com/homes/153518802
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11261 Lawngate Road Athens, AL 35611

  • Price: $1,555,000
  • Status: Active
  • On Site: 117 Days
  • Updated: 41 min ago
  • MLS #: 21868055
0
Beds
0
Baths
0
½ Baths
4.8
Acres
1990
Built
Neighborhood:
Metes And Bounds
County:
Limestone
Area:
Limestone
Elementary School:
Bluesprings Elementary
Middle School:
Clements
High School:
Clements
Property Description
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.
Exterior Features

Exterior Features Curb/Gutters Parking Features Driveway-Gravel

Interior Features

Bedrooms In Unit2 3 Bedrooms Unit1 3 Bedrooms Unit3 3 Bedrooms Unit4 3 Building Area Total 1456 Cooling Wall Unit(s) Cooling YN Yes Heating ElectricWall Furnace Heating YN Yes

Property Features

City Limits No New Construction YN No Number Of Units Unit2 3 Number Of Units Unit3 3 Property Sub Type Multi Family Sewer Public Sewer Water Source Public Year Built Renovated 3 Zoning Description Residential

Listing provided by Capstone Realty: 256-382-7300.


ValleyMLS logo © 2024 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Distinctive | Lowrey Team and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2024-12-05T14:27:53.58.
 
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