6104 Co Rd 437, Cullman, AL 35057
None · Cullman County
Key Facts
Description
Fantastic income-producing triplex with strong rental potential! Unit A is a 2 bed / 1 bath, 750 sq ft apartment currently being renovated and is projected to rent for $850/month upon completion. Unit B is a 1 bed / 1 bath, 600 sq ft unit currently rented at $650/month with a fair market rate of $750/month. Unit C is a spacious 3 bed / 2 bath, 1,450 sq ft unit currently rented at $700/month, while fair market rent is approx. $1,100/month. Property features include a large paved concrete driveway, metal roof installed in 1995, and central heat and air in all units. With upside rent potential and solid infrastructure, this property is perfect for investors seeking cash flow and long-term growth. Two separate septic systems and owner just spent $9000 for a new system as standby in case something happens to the existing system. Will need pre-approval before showing. 2 days notice for showing since units are occupied. Offering Owner Financing with $150K down payment.
Property Information
Property Type
Residential Income
Sub-Type
Triplex
Year Built
1995
Lot Size
1.04 acres
Lot Dimensions
231x267x80x136x262
MLS® Listing#
526199
Property Features
Sewer
Schools
- Elementary:
- Good Hope
- Middle:
- Good Hope
- High:
- Good Hope
Financial Details
HOA
None
Annual Taxes
$1,258
Parcel Number
2106240001045003
Directions
Travelling S on I-65, turn R at Exit 304 onto Co Rd 437. Property will be on the R at intersection of Co Rd 437 and Co Rd 426.
Affordability Calculator
$64,000
Estimated monthly payment
$1,703/mo
Principal $256,000 · Est. interest $357,143 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cullman, AL
- $336,207
- Median Listing Price
- 75
- Median Days on Market
- 1,947
- Median Sq Ft
- $165
- Median Price / Sq Ft
- 412
- Active Listings
- This home’s price is 5% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cullman, AL.
Location
Points of Interest in Cullman, AL
Showing the Cullman area map.
Nearby Schools
Good Hope Primary School
Elementary · 2.6 mi away
Good Hope Middle School
Secondary · 3.1 mi away
Kids World
Elementary · 6.8 mi away
Logan Junior High School
Secondary · 7.2 mi away
Cullman Christian School
School · 7.6 mi away
West Elementary School
Elementary · 7.9 mi away
Cullman Christian School
School · 7.9 mi away
St John's Little Lamb School
School · 8.5 mi away
East Elementary School
Elementary · 8.6 mi away
Sacred Heart School
School · 8.6 mi away
Cullman City Schools
Secondary · 8.8 mi away
Cullman County Board of Education
School · 8.8 mi away
Cold Springs High School
Secondary · 8.9 mi away
Hanceville Elementary School
Elementary · 8.9 mi away
Hanceville High School
Secondary · 8.9 mi away
Hanceville Middle School
Secondary · 8.9 mi away
Cold Springs Elementary
Elementary · 8.9 mi away
Cullman Middle School
Secondary · 9.0 mi away
Romper Room
School · 9.0 mi away
Cullman High School
Secondary · 9.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 112 CHALLENGER WAY, CULLMAN, AL | $224,600 | 3 | 2 | 1,371 |
| 1717 AMBER AVENUE SE, CULLMAN, AL | $226,600 | 3 | 2 | 1,337 |
| 1318 5TH STREET SE, CULLMAN, AL | $229,900 | 3 | 2 | 1,493 |
| 780 COUNTY ROAD 1541, CULLMAN, AL | $233,749 | 3 | 2 | 1,176 |
| 1711 AMBER AVENUE SE, CULLMAN, AL | $236,500 | 3 | 2 | 1,446 |
| 29 COUNTY ROAD 428, CULLMAN, AL | $237,240 | 4 | 3 | 1,904 |
Moving Cost Estimate
EXIT Agents in Cullman
Listing Courtesy: Exit Realty 3:16