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Listed price in listed location currency (USD).
$449,900

000

MLS® 21432612

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Days Active 30
Approx. Age 1940
MLS® Number 21432612

Property Address: 301 Elmwood Ave, GADSDEN, AL, 35903-1552

Average square foot calculated using Size range provided by listing agent.

Description

An investment opportunity awaits with this income-producing featuring 3 single family rental homes and a fully occupied 4-plex all situated on a commercial zoned parcel in a prime, high-visibility location. Each of the three rental homes have central heat and air. The 4-plex includes three 1-bedroom 1-bathroom and one 2 bedroom 1.5 bathrooms. Currently generating a solid rent roll of $3, 625.00 per month. All units occupied 100% with long term tenants 5 are overdue for a rent increase. Property is strategically located within 1/2 mile from 2 shopping centers one with Walmart Super Store, 15 restaurants, Gadsden Regional Hospital, new Takkion plant, and 2 large automobile dealerships.
MLS® Number21432612
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageYes
Approx. Age1940
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 29, 2025List Date
$449,900List Price
  • Commute

Commute

Starting Address
Destination Address
301 Elmwood Ave, GADSDEN, AL

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