47-67 Groner St, Daleville, AL 36322

bedrooms 12
bathrooms 6
|Other
THB ฿12,339,737
USD $365,000
Published on: 04 Jan 2025
Last updated on: 22 Jan 2025
47-67 Groner St, Daleville, AL 36322
47-67 Groner St, Daleville, AL 36322
47-67 Groner St, Daleville, AL 36322
+5
47-67 Groner St, Daleville, AL 36322
  • 5
Property ID: 110096599388
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5-10 Units - Daleville, AL

47-67 Groner St, Daleville, AL 36322
Unleash the untapped potential of this 6-unit Multi-Family gem, delivering an impressive 7% cap rate that promises a rewarding return on investment. The current net operating income (NOI) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. Envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected NOI to a remarkable $52,057.  Elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized A/C units installed within the last few years. These enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
8,417.47 m2
Building Size
434.79 m2
Year Built
1979
Rooms
12 bedroom(s), 6 bathroom(s)
Architecture Style
Other
Num Floors
1
County
Dale
Parcel ID
30 42 03 000 017 000
Provider
Dothan Association of Realtors
Subdivision
No
Brokerage Office Name
Keller Williams Realty Southeast Alabama
Brokerage Office Phone
(334) 714-9046
Neighbourhoods
10 Dale
Address
47-67 Groner St, Daleville, AL 36322

Nearby Schools

TypeSchool nameDistrict name
HighDaleville High School (7-12)Not available
ElementaryDaleville ElementaryNot available
MiddleDaleville Middle SchoolNot available
JuniorhighDaleville Middle SchoolNot available
Contact Agent
Michael Prange
Keller Williams Southeast Alabama
1841 Honeysuckle Road, Dothan, AL 36305
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Michael Prange
1841 Honeysuckle Road, Dothan, AL 36305
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      Property ID: 110096599388

      Data provided by Dothan Association of Realtors, MLS #: 202045
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