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47-67 Groner St, Daleville, AL 36322

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For Sale

$365,000

12 beds6 baths4,680 sqft

Estimated Payment

$      /mo.

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $77.99
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

Unleash the untapped potential of this 6-unit Multi-Family gem, delivering an impressive 7% cap rate that promises a rewarding return on investment. The current net operating income (NOI) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. Envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected NOI to a remarkable $52,057. Elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized A/C units installed within the last few years. These enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.
MLS# 202045

Courtesy Of Keller Williams Realty Southeast Alabama

(334) 702-3595

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Cooktop, Refrigerator
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Laminate, Vinyl
  • Lot Size
    2.08 Acres

Map and Directions

Directions to 47-67 Groner St, Daleville, AL 36322
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Home seller CENTURY 21 James Grant Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 James Grant Realty

(334) 793-2200
Learn More About Us

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