Turnkey duplex just steps from downtown Florence and UNA — fully renovated in 2024 with all-new everything. Two 1BR/1BA units (600 & 400 sqft) with separate entrances and on-site laundry. The larger unit previously rented at $1,200/mo to traveling nurses at North Alabama Medical Center; the smaller unit is projected at $800/mo. All utilities and lawn care are owner-paid, keeping tenant management simple. Gross rent of $2,000/mo with total annual expenses under $5K. Mixed-use zoning provides flexibility. Originally built in 1966 as a commercial space, this property was completely gutted and converted into a modern duplex. Owner has relocated — both units are vacant and ready for immediate lease-up. A low-maintenance, cash-flowing asset in a college town.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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