101 Swift St, Atmore, AL 36502
Local realty services provided by:ERA Old South Properties, Inc.
101 Swift St,Atmore, AL 36502
$375,000
- 5 Beds
- 5 Baths
- 980 sq. ft.
- Multi-family
- Active
Listed by: taylor helton lee
Office: phd real estate, llc.
MLS#:689364
Source:FL_PMLS
Price summary
- Price:$375,000
- Price per sq. ft.:$292.97
About this home
5-Unit Multifamily Portfolio | Atmore, AL | 100% Occupied | $54,540 Gross Annual - Five-unit multifamily portfolio held across 4 parcels at 3 scattered sites, 100% occupied at the time of listing. Unit mix is (3) 3BR/2BA, (1) 3BR/2.5BA, and (1) 2BR/2BA, totaling 6,068± sf of leased space. Gross scheduled rent is $4,545/month, or $54,540 annually, averaging $909 per unit. *Average tenancy approximately 3.8 years; longest tenant in place 7 years *Tenants pay power, internet, etc., and maintain their own yards *Owner-paid water $70/month total; taxes estimated at $1,000/year *Central heat and air in all 5 units; roofs and HVAC are approximately 7 years or newer *2 sites inside Atmore city limits, 1 site outside city limits in Perdido. Rent roll by site: 101 SWIFT ST- $995/MONTH. 2 parcels supporting one 80x16 unit, 3BR/2BA, 1,280± sf with a privacy fenced yard. Refrigerator, dishwasher, and stove convey. AC unit is 4 to 5 years old. 60 PERCH ST- $1150/MONTH. 1 parcel with a 48x26 doublewide, 3BR/2.5BA, 1,248± sf, rebuilt after a fire. 3 COLEMAN RD HOMES- $800/MONTH EACH. Located in Perdido with 1 parcel carrying 3 units: two 80x16 at 3BR/2BA, 1,280± sf, and one 70x14 at 2BR/2BA, 980± sf. Owner costs stay low, and tenants carry what they use. Atmore sits on the I-65 corridor between Mobile and Pensacola, an hour from the Gulf, anchored by Wind Creek and steady local industry that keeps workforce housing demand consistent. The rent is in place. The tenants have stayed. The work of establishing this one has already been done. Call to request the rent roll and schedule a tour....
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Home facts
- Year built:2007
- Subdivision & Development:None
- Listing ID #:689364
- Added:50 day(s) ago
- Updated:November 12, 2026 at 05:45 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:5
- Full bathrooms:4
- Flooring:Carpet, Vinyl
- Kitchen Description:Electric Water Heater
- Living area:980 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Wall/Window Unit(s)
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2007
- Building area:980 sq. ft.
- Lot Features:Central Access
- Exterior Features:Porch
- Levels:1 Story
Schools
- High school:Local School In County
- Middle school:LOCAL SCHOOL IN COUNTY
- Elementary school:Local School In County
Utilities
- Water:Public Water
- Sewer:Public Sewer, Septic Tank
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$292.97
Features and amenities
- Laundry features:Laundry Inside
- Amenities:Ceiling Fan(s), Electric Water Heater, High Speed Internet, Smoke Detector(s)
Parking
- Parking description:Driveway
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