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$499,000
Est. payment /mo
0.45 Acres Lot
UPDATED:
11/06/2024 05:38 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21874729
HOA Y/N No
Originating Board Valley MLS
Lot Size 0.450 Acres
Acres 0.45
Lot Dimensions 200 x 100
Property Sub-Type Business
Property Description
This property is a Multi unit Airbnb. Income is assumed at $58,000 annual net income. This puts this at 11.6% CAP. The guest house rents out at $1800 mo, the main house goes for $425 a day, which it would be more stablized if you leased out the 5 bedrooms instead. The garage is almost complete to be done into a studio apt. A historic home, Jackson House, built in 1898. Ready to be certified historic, it was not yet to ensure all renovetions could be done.
Location
State AL
County Lauderdale
Direction Take A Right Onto Shoals Blvd, It's On The Right
Rooms
Basement Full
Interior
Heating Central
Cooling Central Air
Flooring Wood
Fireplace No
Exterior
Fence Partial
Roof Type Shingle
Present Use Business,Hotel/Motel,Special Purpose
Building
Foundation Stone
Sewer Public Sewer
Water Public
New Construction No
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Copyright
Based on information from North Alabama MLS.
Based on information from North Alabama MLS.
Listed by Engel & Volkers Shoals