Investment Properties on Forrest Ave in Brewton

Multi-Family for Sale
Catylist Listing ID: 30347975
Number of Units: 4 Units
Building Size (RSF): 3,603 SF
Sale Price: $116,400
Unit Price: $29,100 Per Unit
Property Use Type: Investment
Building Name: Forrest Avenue Properties
Usable Size (USF): 3,603 SF
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 1/16/2019

Overview / Comments

This is for 4 separate rental properties in same proximity in Brewton, AL.

Property 1254 Forrest Ave: 925 sq ft. 2 bedroom/1 bath home is awaiting your personal touches of TLC! 2 Bedrooms/ 1 Bath cottage. The floors in this home are Hardwood and Tile. The home has a front porch. 60x137 x48x100

Property 1256 Forrest Ave: 854 Sq ft. 2 bedrooms/ 1 Bath cottage great for new home buyers. Home could use some TLC and updates. This home has a small side porch area to enjoy the wonderful Alabama fresh air and watch the children play. 128x100x129

Property 1300 Forrest Ave: 912 Sq ft. 2 bedroom/1 bath cottage previously been used for rental. Seller is retiring. Situated on as corner lot on Forrest Avenue and Ashton. Single Carport, interior recently painted. Great investment potential!

Property 1302 Forrest Ave: 912 sq ft. 2 bedroom 1 bath cottage has great potential! The wood walls set the design of the interior of the home. There is a front porch to set and enjoy the fresh air. Home could use some TLC and updates. Great potential for investment. (These two two lots are combined and will have to have a survey if purchased separately..(172x193x220)

Financials

Finance Data Year 2017
Real Estate Taxes - Annual($) $3,739 (Annual)
Potential Rental Income $21,360 (Annual)
Actual or Proforma Year Actual

Additional Details

Nearest MSA: Atmore
County: Escambia
Tax ID/APN: 30 15 08 34 3 002 015.000
Zoning: RURAL RESIDENTIAL
Percent Occupied: 50%
Property Located Between: Forrest Ave and Ashton Street
Highway Access: Hwy 29/Forrest Ave
Airports: Pensacola International Airport
Area Description: Close proximity to schools, restaurants and shopping.
Total Number of Buildings: 4
Property Condition: Fair
Number of Stories: 1
Year Built: 1925
Parking Type: Surface
Parking Description: Parking is available in the front of each individual property.
Total Parking Spaces: 16
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Window Unit
Internet Access: Cable, Satellite
Zoning Description: Rural Residential
Lot Frontage: 59 feet
Lot Depth: 145 feet
Water Service: Municipal
Sewer Type: Septic
Legal Description: In file.

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 816 3,445 9,815
Median Age: 36.85 36.3 40.15
Households: 317 1,349 3,958

Contact

Photograph of Listing Agent

Patty Helton-Davis

PHD Real Estate LLC Gulf Coast CMLS Member
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Gulf Coast CMLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.