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11 North Drive Somerville, AL $ 300,000
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$ 300,000 Get more info
11 North Drive
$ 300,000
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11 North Drive

Somerville, AL, 35670
$ 300,000
Baths0.0

Monthly Estimate*

$ 2,096

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Studio

Commercial Property for sale in Somerville, AL

for $300,000. The lot size is 3.55.

Incoming producing property in Somerville, AL! Current gross income $35,000 annually (9 current leases in place below market value). Property, centrally located, is on 3.55 acres and contains a total of 10 total lots currently - 1 acre of the property is undeveloped and potential for additional lots. Large workshop on property. Lot breakdown: Lot 1 = 2015 Model Mobile Home (tenant pays utilities) $825/mo., Lots 2-7 $250/mo., Lot 8-9 $300/mo., Lot 10 open Call for further details.

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Commercial Contingent

Price

$ 300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

INVESTMENT

Lot Size

3.55

Town/City

Somerville

County/Region

Morgan

MLS | Web ID

21856550
Features
General
Sewer Other
Property SubType INVESTMENT
Current Use Mobile Home Park
Business Name Edgewood Estates
County MORGAN
Property Type Business Opportunity
Subdivision Name Edgewood Estates
Status Contingent
Directions Hwy 67 S To Somerville Take A Right On Cut Off Road. Property On The Left.
City Somerville
Zoning Description See Remarks
Lot Size Square Feet 154638
Street Name North Drive
Listing Agent State License 143976
Listing Agent Name Hollie Blackwood
Standard Status Active Under Contract
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Interior
Flooring See Remarks
Living Area Units Square Feet
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Exterior
Parking Features On Site
Water Source Public
Lot Size Area 3.55
Foundation Details See Remarks
Number of Buildings 2
Lot Size Acres 3.55
Lot Size Units Acres
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Internal Only
OriginalMLSID 21856550
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* Excluded Features
List By
Real Broker Llc

Broker

(256) 612-0034

Phone

Affordability Calculator

$2,096
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,096
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
768972 Elementary School
769232 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/27/2024$300,000 Listed Price

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11 North Drive, Somerville, AL, 35670 is a Commercial Property for sale at $300,000 with a lot size of 3.55. 11 North Drive is a studio with 0.0 baths. The property's zip code is 35670 which is in Somerville, AL

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