11450 COGSWELL AVE, RIVERSIDE, AL 35135

11450 COGSWELL AVE
RIVERSIDE, AL 35135

$450,000

Number of Units: 4
Type: Multi-Unit Residential
Listing #799334
Great opportunity to own a 4 unit apartment building on Logan Martin Lake!!! Property features one 3br/2ba, two 2br/1ba, and one 1br/1ba apartments, 2 piers, a boat launch, and approximately 360 feet of water frontage. The property is currently 100% occupied and generating $3,300 per month in income. Tenants pay all utilities and owner is responsible for lawn care and taxes. There is also potential for increased rent; great income and low expenses make this property an excellent investment.
Property Features
Location Information
County: St. Clair
MLS Area: Lincoln/PellCity/Riverside
Subdivision: NONE
Directions: FROM I-20 TAKE EXIT 162 AND GO WEST ON HIGHWAY 78, HOME ON LEFT APPROXIMATELY 0.5 MILES FROM INTERSTATE
Interior Features
Heating: Central Control (HEAT), Central w/Ind Ctrl(HEAT), Heat Pump (HEAT)
Cooling: Ceiling Fans, Central Control (COOL), Central w/Ind Ctrl(COOL), Heat Pump (COOL)
Total Number of Units: 4
School
Elementary School: IOLA ROBERTS
Jr. High School: DURAN
High School: PELL CITY
Additional Information
Property Type: RI
Property Style/Type: Quadplex
Year Built: 1995
Status: Active


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
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Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Britton Falkner
Broker: Realty Pros

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Greater Alabama data last updated at January 20, 2018 7:06 PM CT