15 1st Street E,Luverne, AL 36049

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Property Type
Residential Income
Price
$248,000
MLS #
#581539

About This Property

Live almost FREE here or EZ reno and make money! Upstairs 3/2 with lower 2/2 already set up to rent and offset your mortgage; Reno lower level into 2 units for a possible 3-unit set-up! Investor info: about 9% cap as-is, with value-add near 12%! This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

List Price
$248,000
Status
Active
MLS ID
581539
Town
Luverne
Neighborhood
Luverne
County
Crenshaw
Zip
36049
Property Type
ResidentialIncome
Construction
Brick
Cooling
CentralAir,Gas
Directions
Northeast corner of Jane Dr and E 1st St. (Just north of 29)
Flooring
Carpet,Tile,Vinyl
Heating
Central,Gas
Original List Price
$248,000
School Middle
,
Utilities Available
ElectricityAvailable