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$449,900
-- Bed
-- Bath
--sqft
301 Elmwood Ave, Gadsden, AL 35903
$449,900
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Apartment
Built in 1940
$-- HOA
-- sqft lot
--/sqft
Description
An investment opportunity awaits with this income-producing featuring 3 single family rental homes and a fully occupied 4-plex all situated on a commercial zoned parcel in a prime, high-visibility location. Each of the three rental homes have central heat and air. The 4-plex includes three 1-bedroom 1-bathroom and one 2 bedroom 1.5 bathrooms. Currently generating a solid rent roll of $3,625.00 per month. All units occupied 100% with long term tenants 5 are overdue for a rent increase. Property is strategically located within 1/2 mile from 2 shopping centers one with Walmart Super Store, 15 restaurants, Gadsden Regional Hospital, new Takkion plant, and 2 large automobile d...
Continue Reading- Houzeo last checked: 12 minutes ago
- Listing updated: February 21, 2026 at 11:34 am
- Listing Provided by: Mark Cassidy | Impact Realty LLC (125) 645-94001
- Source: Greater Alabama MLS-AL | MLS#: 21432612
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21432612
MLS Status
Active - Active
Days on Market
349
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