$379,000 Price Analysis 23888 US Highway 98Elberta, AL 36530 6 bed 4 bath 2,710 SqFt ($139/SqFt) 0.4 acre lot. Built 2004 Listed 2024-02-19, Taxes $1,497 | ✓ USDA Eligible near Elberta, AL Restrictions may apply due to home size |
Situated in a prime location, tenants are currently on month-to-month leases, with the potential to transition to 12-month terms depending on negotiation. Each side commands a rental rate of $1, 200 per month, but the opportunity exists to increase to $1, 850 per month, maximizing your investment potential. This duplex boasts recent upgrades including a new metal roof installed in 2020, a new HVAC system in 2018 and complete replacement of all PEX plumbing in 2022.
With these improvements, maintenance concerns are minimized, ensuring peace of mind for landlords and tenants alike. Operating costs are kept manageable, with insurance averaging around $3, 000 per year and property taxes totaling $1, 300 annually. Don't miss out on this lucrative investment pportunity in a rapidly expanding c ommunity!
Presented by Jonathan R. Bennett at
eXp Realty Southern Branch.
Property MLS #357972 from BaldwinREALTORS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $unknown + $unknown $53,480 | $1,497 |
2021 | $unknown + $unknown $53,480 | $1,304 |
2020 | $unknown + $unknown $44,600 | $1,248 |
2019 | $unknown + $unknown $30,020 | $840 |
2018 | $unknown + $unknown $27,460 | $768 |
2017 | $unknown + $unknown $27,460 | $768 |
2016 | $unknown + $unknown $27,040 | $757 |
2015 | $unknown + $unknown $25,020 | $700 |
2014 | $unknown + $unknown $25,320 | $708 |
2013 | $unknown + $unknown $25,620 | $717 |
2012 | $unknown + $unknown $25,620 | $717 |
2011 | $unknown + $unknown $26,440 | $740 |
2010 | $unknown + $unknown $75,540 | $3,721 |
2009 | $unknown + $unknown $55,580 | $1,511 |
2008 | $unknown + $unknown $55,580 | $1,511 |
2007 | $unknown + $unknown $69,600 | $1,903 |
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.