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29956260
29956261

605 18th St E, Jasper, AL 35501 For Sale

DK
AL AL 142065
RE/MAX Patriot Realty
Listed by RE/MAX Patriot Realty
$179,000
151 days on market
Updated 39 days ago

3 Family in Jasper AL

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 2,600
Units 3
Cap Rate 18.67%
NOI $33,420
Price per SqFt $69
Year Built 1945
Year Renovated 2025
Buildings 1
Stories 1
Zoning RES
Occupancy Date 03/31/2026

Multifamily | 3 Units | $59,667/unit

Marketing description

Opportunity Knocks! Legal duplex with 3 units located in the heart of Jasper, close to local amenities. The property is an all-brick home with freshly painted trim. One unit is vacant and was previously rented for $1,550 monthly, featuring a virtual tour and floorplan. This 2-bed, 1-bath unit has been painted and includes ceramic tile and hardwood flooring, a den, eat-in kitchen, private laundry room, and ample storage. The other two units each have 1 bed and 1 bath and are rented for a total of $1,385 monthly. Additionally, the property includes a double carport and parking space for up to 6 cars. Contact for viewing arrangements.

Investment highlights

3 Units, 2 have Leases, one is open ready to rent.

Listing Contacts

DK
AL AL 142065
RE/MAX Patriot Realty
Listed by RE/MAX Patriot Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$33,420.00
$2,785.00/mo

Valuation Metrics

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DSCR
18.67%
Cap Rate
18.67%
ROI

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Additional Information

Name
David King
License
AL 142065
Brokerage
Remax Patriot Realty
Title
Broker Owner
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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