Teresa King

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Listing provided courtesy of MarMac Real Estate - The ShoalsMLS# 529291MLS Provider
  • 25 days on site
  • 0 views

Cash-flow machine! This 6-unit building is 100% occupied at $3,490 per month. Add that to very low property tax and insurance costs and you are left with a nice cash flowing property. No need to worry about Capital Expenditure as most have been completed within the last 5 years: New roof, windows, vinyl siding, plumbing, appliances, & window units. All units are separately metered with tenants paying their own utilities. 4 of the units rent for $600 per month, one for $575 & 1 unit rents for $515 per month.

Source: Strategic Alliance MLS, MLS#: 529291

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  • Property Type
    Residential Income
  • Lot
    0.17 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 500 Annapolis Ave

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Strategic Alliance MLS Price Reduction
$290,000 -6.5%
6/4/2026Source: Strategic Alliance MLS Added to Database
June 04, 2026
1/31/2025Source: Strategic Alliance MLS Status Change
Sold
11/4/2024Source: Strategic Alliance MLS Added to Database
November 04, 2024