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$419,900   Price Analysis
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110 Cleveland Ave SW # 1
Cullman, AL 35055
Unknown bed None bath 3,760 SqFt ($111/SqFt)
0.31 acre lot. Built 2019
Listed 2024-04-18
USDA Eligible
near Cullman, AL
 Restrictions may apply
due to home size

FANTASTIC TRI-PLEX LOCATED CONVENIENTLY IN DOWNTOWN CULLMAN.

* Has Contingent Offer *

NEWLY BUILT IN 2019 WITH GREAT INCOME OF ~$40, 000/YEAR. IF YOU HAVE BEEN LOOKING FOR A GREAT INVESTMENT PROPERTY WITH LOW MAINTENANCE, LOOK NO FURTHER!

NICE STORAGE BUILDING INCLUDED FOR OWNER'S SUPPLIES OR TENANT RENTAL STORAGE.


Presented by Jeff Hill at
HILL REAL ESTATE.


Property MLS #516018 from StrategicMLSAlliance

Cooling Features: Heat Pump

Frontage Length: 107

Lot Description: Corner Lot
Lot Size Acres: 0.31
Lot Size Dimensions: 107x125x107x125
Lot Size Square Feet: 13504

Elementary School: West Elementary
High School: Cullman
Middle School: Cullman Middle

Cullman Middle School is a public middle school located approximately 0.8 miles away.
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Cullman High School is a public high school located approximately 1.1 miles away.
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Cullman City Primary School is a public elementary school located approximately 1.3 miles away.
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Cornerstone Christian Academy is a private elementary, middle and high school located approximately 0.5 miles away.
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Cullman Christian School is a private elementary, middle and high school located approximately 0.5 miles away.
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Gross Income: 39900
Income Includes: Rent Only
Tenant Pays: All Utilities

Number of Units: 3

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 480

Annual Tax Amount: 2870.56
Source Listing Status: Active Under Contract
County: Cullman
Directions: FROM DOWNTOWN CULLMAN, TRAVEL HWY 278W AND TURN RIGHT ON CLEVELAND. TRIPLEX WILL BE ON THE RIGHT AT THE CORNER OF CLEVELAND AVE & 2ND STREET SW.
Tax Year: 2023
Source Property Type: MultiFamily
Insurance Expense: 1476
Source Neighborhood: Musgroves
Subdivision: Musgroves
Zoning: R4
Property Subtype: Triplex
Source System Name: C2C

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Operating Expense Includes: Insurance, Maintenance Grounds, Maintenance Structure

Total Square Feet Living: 3760
Year Built: 2019
Building Area Total: 3760
Property Age: 5

Sewer: Public Sewer
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.