309 Caldwell Street, Tallassee, AL 36078
Local realty services provided by:ERA Weeks & Browning Realty, Inc.
309 Caldwell Street,Tallassee, AL 36078
$149,900
- 6 Beds
- 3 Baths
- 3,680 sq. ft.
- Single family
- Active
Listed by: dustin ledbetter
Office: dl realty
MLS#:581597
Source:AL_MLSM
Price summary
- Price:$149,900
- Price per sq. ft.:$40.73
About this home
CALLING ALL INVESTORS!
3 income-producing homes + 5 additional lots sold as a package deal!
Acreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdowns—expenses, NOI, cap rate, and more—is available upon request.
Pictures are organized by front of home then inside pictures of that home.
This package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include:
1/1 home at approximately 800± sq ft 309 Caldwell St (Heating and cooling are window units and space heaters)
2/1 home at approximately 1,080± sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters)
3/1 home at approximately 1,800± sq ft 125 N Ashurst Ave (Heating and cooling is central)
These three homes sit on a combined 0.40± acres, and just down the street are five additional lots totaling 0.84± acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review.
This investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional development—making it an ideal addition to any portfolio.
Don’t miss out on this rare cash-flowing package! Call today for a showing!
Contact an agent
Home facts
- Year built:1978
- Listing ID #:581597
- Added:1 day(s) ago
- Updated:November 16, 2025 at 02:48 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,680 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric, Window Units
- Heating:Central, Electric, Space Heater
Structure and exterior
- Roof:Ridge Vents
- Year built:1978
- Building area:3,680 sq. ft.
- Lot area:1.24 Acres
Schools
- High school:Tallassee High School
- Elementary school:Tallassee Elementary School
Utilities
- Water:Public
- Sewer:Septic Tank
Finances and disclosures
- Price:$149,900
- Price per sq. ft.:$40.73
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