$149,900

309 Caldwell Street, Tallassee, AL 36078

  • 6 beds |
  • 3 baths |
  • 3,680 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1978
  • Property Lot Size Icon1.24acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $41/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

CALLING ALL INVESTORS! 3 income-producing homes + 5 additional lots sold as a package deal! Acreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdowns—expenses, NOI, cap rate, and more—is available upon request. Pictures are organized by front of home then inside pictures of that home. This package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include: 1/1 home at approximately 800± sq ft 309 Caldwell St (Heating and cooling are window units and space heaters) 2/1 home at approximately 1,080± sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters) 3/1 home at approximately 1,800± sq ft 125 N Ashurst Ave (Heating and cooling is central) These three homes sit on a combined 0.40± acres, and just down the street are five additional lots totaling 0.84± acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review. This investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional development—making it an ideal addition to any portfolio. Don’t miss out on this rare cash-flowing package! Call today for a‌‌‌‌‌‌‌‌‌‌‌ showing!

Listing Status:
Active
Listing Office:
DL Realty : 334-612-1720
Listing Agent:
Dustin Ledbetter : 334-612-1720
MLS ID:
581597
  • Appliances: Electric RangeElectric Water Heater
  • Laundry: Washer HookupDryer Hookup
  • Flooring: CarpetPlankTileVinyl
  • A/C: Central AirCeiling Fan(s)ElectricWindow Unit(s)
  • Heating: CentralElectricSpace Heater
  • Fireplace: None
  • General: Porch
  • Style: One Story
  • Pool: None
  • Parking: Driveway
  • Roofing: Ridge Vents
  • General: Wood Siding1Slab
  • Road/Access: Public Road
  • Originating MLS: MAAOR_MAAR
  • County: Tallapoosa
  • Zoning: See Notes
  • Utilities: Electricity Available
  • Water: Public
  • Sewer: Septic Tank
  • Source: MAAOR_MAAR

This listing courtesy of Dustin Ledbetter, DL Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

T

Tallassee Elementary School

850 Friendship Rd, Tallassee, AL, 36078

Grades PK-4

2.24 miles away

S

Southside Middle School

901 Eb Payne Sr Dr, Tallassee, AL, 36078

Grades 5-8

1.65 miles away

T

Tallassee High School

502 Barnett Blvd, Tallassee, AL, 36078

Grades 9-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.