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11 North Drive Somerville, AL 35670
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Key Details
Sold Price $273,000
Property Type Commercial
Sub Type INVESTMENT
Listing Status Sold
Purchase Type For Sale
Subdivision Edgewood Estates
MLS Listing ID 21856550
Sold Date 06/18/24
HOA Y/N No
Originating Board Valley MLS
Lot Size 3.550 Acres
Acres 3.55
Property Description
Incoming producing property in Somerville, AL! Current gross income $35,000 annually (9 current leases in place below market value). Property, centrally located, is on 3.55 acres and contains a total of 10 total lots currently - 1 acre of the property is undeveloped and potential for additional lots. Large workshop on property. Lot breakdown: Lot 1 = 2015 Model Mobile Home (tenant pays utilities) $825/mo., Lots 2-7 $250/mo., Lot 8-9 $300/mo., Lot 10 open Call for further details.
Location
State AL
County Morgan
Direction Hwy 67 S To Somerville, Take A Right On Cut Off Road. Property On The Left.
Interior
Flooring See Remarks
Fireplace No
Exterior
Present Use Mobile Home Park
Parking Type On Site
Building
Foundation See Remarks
Sewer Other
Water Public
New Construction No
Others
Tax ID 16 01 01 0 000 011.000
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Copyright
Based on information from North Alabama MLS.
Bought with Zeriss Realty, LLC
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