Great Investment Opportunity Four Unit Property in Selma Alabama

Description

Multi-family Investment Opportunity in Selma, ALUnlock exceptional potential with this multi-family investment property located at 9 Mabry Street in the historic and growing city of Selma, Alabama. This unique asset is perfectly positioned for investors looking to expand their portfolio, offering a powerful blend of immediate income and significant long-term value appreciation.This income-producing property in Selma, AL, features four separate units, making it a versatile addition to any real estate strategy. Enjoy instant cash flow with one unit already occupied, and two additional units rent-ready for immediate occupancy. The remaining two units require remodeling, presenting an outstanding value-add real estate opportunity to significantly increase rental income and property value. Each unit boasts spacious layouts, appealing to a consistent market demand for affordable, quality housing in Selma.Strategically located just minutes from downtown Selma, 9 Mabry Street offers residents unparalleled convenience to local amenities, including shopping centers, schools within the Selma City Schools district, and major local employers. The property also features a newly remodeled back covered stair and walkway area, enhancing its appeal and tenant experience.Whether you’re a seasoned real estate investor or new to the market, this Selma multi-family home provides the perfect balance of immediate return on investment and future upside in a vibrant and growing rental market. Don’t miss this rare chance to acquire a versatile and profitable Selma, AL rental property.Key Investment Features:Four-Unit Multi-Family Property: Diverse income streams from multiple tenants. Immediate Cash Flow: One unit currently occupied, generating instant rental income.Two Rent-Ready Units: Quickly fill vacancies for accelerated returns.Two Value-Add Units: Significant upside potential through targeted renovations to increase rent.Spacious Layouts: Each unit offers attractive floor plans with strong rental appeal in the Selma market.Prime Selma Location: Minutes from downtown, shopping, schools, and local employment centers.Newly Remodeled Common Area: Enhanced back covered stair and walkway for improved aesthetics and tenant experience.High Demand for Affordable Housing: Capitalize on a consistent and reliable tenant pool.Living in Dallas County, AlabamaLiving in Selma, Alabama, offers a unique experience steeped in rich history and Southern charm. As the county seat of Dallas County, Selma provides a sparse suburban atmosphere where many residents choose to rent, and families are a significant part of the community. Beyond its pivotal role in the Civil Rights Movement, commemorated by landmarks like the Edmund Pettus Bridge and various museums, Selma boasts a low cost of living, making it an attractive option for those seeking affordability (housing costs, for example, are significantly below the national average). Residents enjoy access to local parks, recreational facilities, and community events, fostering a close-knit environment. While honoring its past, Selma is also working towards economic development and community health, aiming to blend its historic legacy with modern advancements.Contact Stephanie Hines to schedule your showing today