About 107 Bailey Street
Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.
Activity
| Views | 0 |
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| Favorites | 0 |
| Days on Website | 49 |
| Status | Active |
Features of 107 Bailey Street
| MLS® # | 21923737 |
|---|---|
| Price | $2,105,000 |
| Acres | 1.83 |
| Year Built | 1976 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 107 Bailey Street |
|---|---|
| Subdivision | J. Lowery Rogers |
| City | Rainbow City |
| County | ETOWAH |
| State | AL |
| Zip Code | 35906 |
Amenities
| Parking Spaces | 42 |
|---|---|
| Parking | Private, Lighted, Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Oven, Refrigerator, W/D Hookup |
|---|---|
| Heating | Central |
| Cooling | Central Air |
| Fireplace | No |
Exterior
| Exterior Features | Curb/Gutters |
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School Information
| Elementary | John S Jones Elementary |
|---|---|
| Middle | Rainbow |
| High | Southside High School |
Listing Details
| Listing Office | Era King Real Estate |
|---|---|
| Foreclosure | N |
| Short Sale | N |