Property Listings

22707 Piney Chapel Rd, Athens, AL 35614

SOLD!! Contract for Sale! Will assign or double close. ****8 Unit Apartment -Athens area-$172,500!**** If you're looking for a low cost multi-family that cash-flows, this is exactly what you are looking for! An unconventional multifamily property that is a money-maker! And, you can buy it for the price of a 4-plex! Tremendous deal! 6 of the 8 units are 1 BR, 1 Bath bringing in an average of $600/month (less utilities) One of the units is a 2 BR, 1 Bath, renting for $475, utilities are paid by the tenant. An 8th unit is actually a laundry area producing approximately $130/month in revenue. The only utility that has to be paid is electricity. Water is on a well, and sewer is on a septic system. Current gross monthly revenue is approximately $4,000.00. Best Homes & Property Solutions has this property under contract with the seller, closing is set for March 31. Contract is assignable. Contact us today to schedule a time to see this property. 256-507-4361 Copy and paste the link to view rent rolls and expenses: Subscribe to Best Homes Mobile Marketing to see this great property! Text: "Multi8" to 256-776-7955

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Property Details

Multi Family
8 Beds
5 Baths
Heating: Electric Baseboard
Septic / Sewer: Septic