301 ELMWOOD AVE, Gadsden, AL 35903

Local realty services provided by:ERA King Real Estate Company, Inc.
301 ELMWOOD AVE,Gadsden, AL 35903
$449,900
Virtual Tour
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: mark cassidy
Office: impact realty llc.
MLS#:21432612
Source:AL_BAMLS

Price summary

  • Price:$449,900

About this home

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.

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Home facts

  • Year built:1940
  • Listing ID #:21432612
  • Added:80 day(s) ago
  • Updated:December 17, 2025 at 06:56 PM

Heating and cooling

  • Cooling:Central Control, Electric, Individual Units, Window Units
  • Heating:Central w/ind Ctrl, Electric, Gas Heat

Structure and exterior

  • Year built:1940

Schools

  • High school:GADSDEN CITY
  • Middle school:GADSDEN
  • Elementary school:ADAMS

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$449,900

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