11261 Lawngate Road
Athens, AL 35611
- – beds
- – baths
- – sqft
- ~5 acre lot
- 1990 build
- – on site
Prime investment opportunity! 12 units on a 5 acre developable lot! 4 buildings, 3 units in each building. Units are fully renovated with new flooring, paint, appliances, tile, hardware, and faucets. This property has 4 large units (one in each building) and 8 small units. Property is fully rented with a waitlist. Opportunity to build more units on the property and double your income! Property is parceled into 4 addresses: 11570, 11510 SHAW RD & 11405 & 11261 LAWNGATE RD. Rent includes water, electric, and trash. Tenants pay WIFI. Limestone water, Athens utilities. Small units: $950/mo Large units: $1050-$1100/mo. Fully rented.
Last checked:
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Last updated Sep 10, 2024
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MLS# 21868055 —
The Building
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Year Built:1990
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New Construction:false
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# of Units Total:12
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# of Buildings:4
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Building Area Total:1456
Location
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Directions:Turn Right Onto Nuclear Plant Rd 5.1 Mi Turn Left Onto Cowford Rd/Nuclear Plant Rd 0.2 Mi Turn Right Onto Nuclear Plant Rd 2.2 Mi Turn Right Onto Shaw Rd.
The Property
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Parcel Number:14 01 01 0 000 003.007
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Property Type:Residential Income
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Property Subtype:Multi Family
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Lot Size Acres:4.8
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Lot Size Units:Acres
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Lot Size Area:4.8
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Lot Size Square Feet:209088
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Zoning Description:Residential
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Exterior Features:Curb/Gutters
Listing Agent
- Contact info:
- No listing contact info available
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Wall Unit(s)
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Cooling:true
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Bluesprings Elementary
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Middle School:Clements
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High School:Clements
The Community
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Subdivision Name:Metes And Bounds
Parking
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Parking Total:24
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Parking Features:Driveway-Gravel
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Open Parking:true
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
8/9/24
Aug 9, 2024
|
Listed / Active | VMLS | $1,555,000 |
