101 Swift Street
Atmore, AL, 36502 $ 375,000
Bedrooms-- Baths-- Monthly Estimate*
$ 2,590
Commercial Property for sale in Atmore, AL
for $375,000.
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual Income- Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are approximately 7 years or newer *2 sites inside Atmore city limits, 1 site outside city limits in Perdido. Rent roll by site: 101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280± sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey. AC unit is 4 to 5 years old. 60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248± sf, rebuilt after a fire. 3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280± sf, and one 70x14 at 2BR/2BA, 980± sf. Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent. The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour. Buyer to verify all information during due diligence.
See more
FeaturesGeneralUtilities Sewage City Sewage Septic
HOA Fee 0
Property Subtype Special Purpose
Waterfront Features No Waterfront
County Escambia County AL
Property Type Commercial Sale
Status Active
Directions From 1812 S Main St: Go N on Main St > 2mi Turn left on Howard St (CR-1). Keep right at the fork on Jack Springs Rd > 0.3mi Turn left on Swift St. 101 Swift on left. TO 608 PERCH Go W on Swift St. Take next left on Perch St. 608 on left. TO 54722 COLEMAN Go S on Perch St> 0.2mi Turn right on Short St> 0.3mi Turn left on Swift Mill Rd> 1mi Turn right on US-31> 5mi Turn right on James Rd> 0.2mi Turn left on Railroad St> 0.4mi Turn right on Johnson Rd> 2mi Turn right on Coleman Rd houses on right.
City Atmore
MLS Area Escambia County AL
Tax Annual Amount 0
Standard Status Active
Assoc Fee Paid Per Monthly
See more
InteriorFireplace Y/N false
Total Baths 0
See more
ExteriorLot Features Less Than 1 Acre
See more
* Excluded FeaturesList Bytaylor@phdrealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,590
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbyTrends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $375,000 | | Listed Price |