316 Crown St Florence, AL $ 509,900
316 Crown St
$ 509,900
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316 Crown St

Florence, AL, 35630
$ 509,900
Baths0.0 Sq 1,560

Monthly Estimate*

$ 3,220

316 Crown St, Florence, AL 35630 - Image 1
316 Crown St, Florence, AL 35630 - Image 2
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Studio

Multi-Family Home for sale in Florence, AL

for $509,900. This 1,560 square foot home was built in 1947.

Investor opportunity to acquire a six-door residential rental portfolio consisting of five properties, offered together as an investment package.Offering provides strong cash flow and an approximately 9% cap rate with operating expenses included, making this an attractive opportunity for investors seeking an established rental portfolio. The portfolio includes 2013 Midway St, Florence; 301 Seventh St, Sheffield; 700 N Columbia St, Sheffield; 105 N Broadway St, Florence; 316 N Crown St, Florence; and 1005 W Irvine Ave, Florence. Financials available upon request. Properties are occupied, please do not disturb tenants. No showings until an accepted offer is in place. Portfolio is being offered as a package and will not be separated. Buyer to verify all information and perform their own due diligence. There are two other listings with additional rentals available.

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Multi-Family Active

Price

$ 509,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,263

Style

Year Built

1947

Town/City

Florence

County/Region

Lauderdale

MLS | Web ID

531093

Features
General
Sewer Public Sewer
Possession Close Of Escrow
Year Built 1947
Property Subtype Multiple Dwellings
County Lauderdale
Property Type Multi-Family
HOA N
Subdivision Name Florence
Garage Y/N N
Status Active
Directions From Florence Blvd West Bound Turn Left onto N Crown Street. Property will be on the Left.
High School Florence
City Florence
Number Of Units Total 6
Carport Y/N N
Elementary School Florence
Tax Annual Amount 1263.22
Middle/Junior High School Florence
Standard Status Active
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Exterior
Number of Buildings 5
Building Area Total 1560.0
Lot Dimensions 5 Lots
Lot Size Acres 0.0
Waterfront Y/N N
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Interior
Basement (Y/N) N
Fireplace Y/N N
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* Excluded Features
List By
Marmac Real Estate - The Shoals

Broker

shoalshomeandland@gmail.com

Email

Affordability Calculator

$3,325
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,220
Monthly Property Taxes
$105
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
1224373 Elementary School
1224474 Middle School
Florence High School High School
Pricing History
DatePricePrice ChangeDescription
9/4/2026$509,900 Listed Price

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316 Crown St, Florence, AL, 35630 is a Multi-Family Home for sale at $509,900 with 1,560 sqft. 316 Crown St is a studio with 0.0 baths and was built in 1947. The property's zip code is 35630 which is in Florence, AL