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1608 Lapsley Street

Selma, AL 36701
  • $28,500
  • STATUS: Active
  • ON SITE: 87 Days
  • MLS #: 550506
$28,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,500
    SQFT
  • $6
    $/SQFT
Type:
Commercial
Built:
1960
County:
Area:

School Information

Middle School:
,

Description

This property presents mixed-use income opportunities, making it even more appealing for potential buyers or investors. With its prime location, the property can be utilized for both residential and commercial purposes, allowing for diverse income streams and maximizing its investment potential. Residential Use: THE DUPLEX The spacious layout and versatile 2 bedrooms 1 bath Apartments are suitable for a residential rental business. You can attract long-term tenants. The desirable features, such as ample living space, multiple bedrooms, and convenient location, make it an attractive choice for potential tenants. Commercial Use: The property's convenient location in Selma, Alabama, makes it ideal for commercial purposes as well. The ground floor or a separate portion of the property can be utilized for commercial activities, such as setting up a small office, boutique store, restaurant, or a service-oriented business. This allows for additional income potential and diversification of revenue streams. By leveraging both the residential and commercial aspects of this property, you can tap into multiple income opportunities and maximize your return on investment. The mixed-use nature of the property adds versatility and flexibility, making it an attractive proposition for buyers or investors seeking multiple income streams. All examples of use are for illustration purposes and should be verified by buyer with local code enforcement and the building department. Seller and broker makes no warranty of the use and zoming and use ordiances can change at anytime.

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[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-04-04T00:21:09.943.

www.joshvernongroup.com/homes/146821953
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1608 Lapsley Street Selma, AL 36701

  • Price: $28,500
  • Status: Active
  • On Site: 87 Days
  • MLS #: 550506
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,500
SQFT
$6
$/SQFT
1960
Built
County:
Dallas
Area:
Selma
Middle School:
,
Property Description
This property presents mixed-use income opportunities, making it even more appealing for potential buyers or investors. With its prime location, the property can be utilized for both residential and commercial purposes, allowing for diverse income streams and maximizing its investment potential. Residential Use: THE DUPLEX The spacious layout and versatile 2 bedrooms 1 bath Apartments are suitable for a residential rental business. You can attract long-term tenants. The desirable features, such as ample living space, multiple bedrooms, and convenient location, make it an attractive choice for potential tenants. Commercial Use: The property's convenient location in Selma, Alabama, makes it ideal for commercial purposes as well. The ground floor or a separate portion of the property can be utilized for commercial activities, such as setting up a small office, boutique store, restaurant, or a service-oriented business. This allows for additional income potential and diversification of revenue streams. By leveraging both the residential and commercial aspects of this property, you can tap into multiple income opportunities and maximize your return on investment. The mixed-use nature of the property adds versatility and flexibility, making it an attractive proposition for buyers or investors seeking multiple income streams. All examples of use are for illustration purposes and should be verified by buyer with local code enforcement and the building department. Seller and broker makes no warranty of the use and zoming and use ordiances can change at anytime.
Exterior Features

Construction Materials Brick Veneer Wood Siding Parking Total 18 Topography Level

Interior Features

Cooling None Cooling YN No Flooring Tile Vinyl

Property Features

Business Type Food Beverage Documents Available Other Lease Considered YN No Listing Terms Cash Conventional Lot Features Outside City Limits Level Lot Size Dimensions 45x98 Possession Closing Property Sub Type Commercial Property Sub Type Additional Commercial Tax Annual Amount 301 Tax Legal Description BEG NE COR LAPSLEY ST & PHILPOT AVE TH N 45.08' ALG E ROW LAPSLEY TO POB BEING PT LT 1 BLK 4 PLATTENBURG ADDN. IN S25 T17 R10 . DB 1019 PG 145 DB 1240 PG 44 DB 1281 PG 541 DB 1521 PG 562 ( ROS) DB1618 PG 613 ( AFF) DB 1618 PG 614 ( WD)

[Montgomery Area Association of Realtors] logo Listing provided by Joseph Childers of Res. Movement RE Alabama: 334-259-7673.



[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-04-04T00:21:09.943.

 
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Birmingham AL,