400-410 East Jackson Ave Muscle Shoals, AL 35661

$1,700,000
400-410 East Jackson Ave, Muscle Shoals, AL 35661
Call 866-441-4349
414772

Commercial Property for sale in Muscle Shoals, AL

for $1,700,000 with 72 bedrooms and 48 full baths. This 5,200 square foot building was built in 1996 on a lot size of 5200 SqFt.

Property Information

  • $1,700,000
  • 72 Bedrooms
  • 48 Full Baths
  • Commercial
  • 5,200 Square Feet
  • Active
  • Lot size of 5200 SqFt
  • Built in 1996
  • Muscle Shoals, AL
  • Colbert County
  • MLS/Web ID is 414772

Description

24 unit apartment complex built in 1996. Located just 2 blocks from Wilson Dam Road in the City of Muscle Shoals, this rare investment opportunity does not come around often in this stable marketplace. Split into 6 brick quadplexes, the 3 bed, 2 bath, 1, 263sf units have been remodeled and enjoy full occupancy. Currently receiving $625/month per unit. Roofs replaced in 2008. Vacant space next to last building is included which is large enough to build another quadplex and increase equity and income.

Interior 3

Sewer

  • Sewer

Utilities

  • Natural Gas
  • Other

Water Source

  • Public Water

Exterior 1

Separate Utilities

  • Individual Meters

† Excluded Feature

Neighborhood & Schools

Elementary School: Muscle Shoals
Middle School: Muscle Shoals
High School: Muscle Shoals

 See complete school information

Listed By

Listing Agent: REBECCA LOPEZ
Broker: Florence - WEICHERT, REALTORS® - ProSouth

400-410 East Jackson Ave , Muscle Shoals, AL, 35661 is a Commercial Property for sale at $1,700,000 with 5,200 sqft and a lot size of 5200 SqFt. 400-410 East Jackson Ave has 72 bedrooms, 48 baths, and was built in 1996. The property's zip code is 35661 which is in Muscle Shoals, AL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Muscle Shoals $320,870 81 % below $224,950 87 % below
Commerical listings in Muscle Shoals $546,709 68 % below $275,000 84 % below

Get the facts about Muscle Shoals, AL!

Population 13,395
Population Growth (since 2000) 9 %
Median Income $49,712
Median Age 41.21
Households w/ Children 29 %

Residential Dwellings

  • Owned 4015
  • Vacant 353
  • Rented 1428

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