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$680,000
Est. payment /mo
1 Bed
1 Bath
UPDATED:
01/21/2025 07:36 PM
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21407253
Bedrooms 1
Full Baths 1
Year Built 1975
Property Description
Welcome to Ivy Brook Lodge Apartments! This modern, renovated 8-unit complex are all 1 bedroom and 1 bathroom. Six units are currently rented out, providing steady long-term rental income, while two units are furnished and listed as short-term rentals on Airbnb, allowing for potentially higher revenue from guests. The property's exterior was freshly painted white in 2024, giving it a clean, modern look. There is plenty of parking space which adds convenience for tenants and guests alike.The complex is surrounded by nature, which can appeal to renters looking for a peaceful atmosphere. It is conveniently close to downtown amenities and offers easy access to the Talladega Speedway, making it attractive to race fans and travelers. These attributes make it a promising rental investment, appealing both to long-term renters and short-term guests drawn to the nearby attractions.
Location
State AL
County Talladega
Area Talladega County
Interior
Heating Central Control (HEAT)
Cooling Central Control (COOL)
Flooring Tile, Vinyl, Wall-to-Wall Carpet
Exterior
Parking Features 1 Space per Unit
Building
Foundation Slab
Sewer Connected
Water Public Water
Schools
Elementary Schools Graham
Middle Schools Zora Ellis
High Schools Talladega
Others
Financing Cash,Conventional
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Listed by Keller Williams Realty Vestavia