301 ELMWOOD AVE, Gadsden, AL 35903
Local realty services provided by:ERA Waldrop Real Estate
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:47 day(s) ago
- Updated:November 15, 2025 at 04:35 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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