Bought with Taylor Helton Lee • PHD Real Estate, LLC
$275,000
$325,000
15.4%For more information regarding the value of a property, please contact us for a free consultation.
104 Medical Park Dr Atmore, AL 36502
11 Beds
10 Baths
6,580 SqFt
Key Details
Sold Price $275,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 6,580 sqft
Price per Sqft $41
MLS Listing ID 667707
Sold Date 07/14/25
Bedrooms 11
Full Baths 10
HOA Y/N No
Year Built 1955
Property Sub-Type Apartment
Source Pensacola MLS
Property Description
Investor's Dream – 10-Unit Multi-Family Property with Huge Income Potential! Discover the perfect opportunity to transform this 10-unit apartment complex into a lucrative rental investment. Located in a desirable area with high demand for rentals, this property offers a blank canvas for your renovation vision. Property Details: Large Building: 4 units: 2 bedrooms / 1 bathroom each 2 units: 1 bedroom / 1 bathroom each Solid construction and functional layouts ready for updates. Block Building (Shell): 3 studio apartments 1 unit: 1 bedroom / 1 bathroom Needs complete renovation, including new flooring, windows, and bathrooms. Highlights: No current income – ready for full-scale renovation. Property requires cleaning out and updating, providing the opportunity to customize to modern standards. Ideal for experienced investors or developers looking to maximize rental income. Preapproval or proof of funds required before scheduling a showing. This property offers immense potential to create a sought-after rental community in a great location. Whether you're a seasoned investor or a developer ready for your next project, this 10-unit complex is brimming with possibilities. Don't miss this chance to capitalize on the strong rental market – schedule your showing today!
Location
State AL
County Other Counties
Zoning City,Res Multi
Rooms
Other Rooms Yard Building
Interior
Heating None
Cooling None
Flooring Tile, Carpet, Simulated Wood
Appliance No Water Heater
Exterior
Parking Features Driveway, Guest
Pool None
Waterfront Description None
View Y/N No
Roof Type Metal
Garage No
Building
Lot Description Central Access
Faces Use 104 Medical Park, Atmore, AL in your GPS.
Story 1
Water Public
Structure Type Brick
New Construction No
Others
Tax ID 2609291006007.000
Read Less
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