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Sold for $215,000
  • $215,000

    450 County Road 279, Florence, AL 35633

    --beds
    --baths
    2,688sqft
    Triplex, Multi Family
    Built in 1930
    -- sqft lot
    $217,700 Zestimate®
    $80/sqft
    $1,050 Estimated rent

    Home value

    $217,700

    Estimated sales range

    Not available

    $1,050/mo

    Zestimate® history
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    $1,304/mo

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    What's special

    Spacious unitsComfortable living spaces
    Prime Investment Opportunity! 8% Cap Rate / 10.5% Proforma. Across from Central High School. This fully rented, income-generating triplex is a must-see for investors looking to expand their portfolio. Located in a highly desirable neighborhood, the property offers three spacious units, each with tenants in place, ensuring immediate cash flow. With a strong rental history and waiting list , this triplex is a perfect turn-key investment. Each unit boasts comfortable living spaces, lots of off street parking and separate utilities for tenants' convenience. Situated on a large lot for future development if allowed by the county, this property provides an excellent opportunity for passive income. Don't miss out on this rare multifamily gem!

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Goduti 256-284-0351,

    MarMac Real Estate - The Shoals,

    Hannah Taylor 256-710-5098,

    MarMac Real Estate - The Shoals

    Bought with:

    Melissa Goduti

    MarMac Real Estate - The Shoals

    Source: Strategic MLS Alliance,MLS#: 521579

    Facts & features

    Interior

    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,688
    • Total interior livable area: 2,688 sqft

    Property

    Lot
    • Size: 0.80 Acres
    • Dimensions: .80 acres
    Details
    • Parcel number: 1402100003015.000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1930

    Utilities & green energy

    • Sewer: Septic Tank

    Community & neighborhood

    Location
    • Region: Florence
    • Subdivision: None

    Other

    Other facts
    • Price range: $240K - $215K

    Price history

    DateEventPrice
    4/28/2025Sold$215,000-10.4%$80/sqft
    Source: Strategic MLS Alliance #521579 Report a problem
    3/25/2025Pending sale$239,999$89/sqft
    Source: Strategic MLS Alliance #521579 Report a problem
    3/24/2025Listed for sale$239,999$89/sqft
    Source: Strategic MLS Alliance #521579 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 35633

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Central
    • Middle: Central
    • High: Central

    Source: Strategic MLS Alliance. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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