1580 Highway 231 S,  Arab AL, 35016

(Active)
$49,900
|
|
MLS# 1043177
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Last Updated: 12/3/2016 1:19 PM
Description for 1580 Highway 231 S Arab, AL 35016
This mobile home lot is a great investment. Produces $1836.00 per month in rent collected. According to seller: each home has an electric heater and window air conditioner, stove and refrigerator, expenses each month are about $175 (water, garbage and street light), expenses are $160 taxes and $35 sticker/tag per mobile home per year, there are 6 septic tanks and each has been pumped within the past 4 years. Current tenants rent on month to month basis and mobile homes are late 70 to early 80 models.
Price
$49,900
Metes And Bounds
Cullman County
1043177
Active
Description
This mobile home lot is a great investment. Produces $1836.00 per month in rent collected. According to seller: each home has an electric heater and window air conditioner, stove and refrigerator, expenses each month are about $175 (water, garbage and street light), expenses are $160 taxes and $35 sticker/tag per mobile home per year, there are 6 septic tanks and each has been pumped within the past 4 years. Current tenants rent on month to month basis and mobile homes are late 70 to early 80 models.
Listing Information
Property Type: Investment
0.6 Acres Over 5 Years Old
Metes And Bounds
Water , Public Water Service
Septic
Neighborhood
Room Information
Interior Features
Window Air Conditioning
Electric Heating
Exterior / Lot Features
None
Freestanding, Public Roads
Driving Directions
From Arab, highway 231 South, after you pass the Arab Livestock Barn, the Mobile Home Lot is on the left.
Listing Price History

Arab Real Estate

Arab is located in Alabama. Arab, Alabama 35016 has a population of 8,119.

The median household income in Arab, Alabama 35016 is $44,224. The median household income for the surrounding county is $38,649 compared to the national median of $53,046. The median age of people living in Arab 35016 is 42.4 years.

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Courtesy: Re/Max Heritage
Information is deemed reliable but is not guaranteed.

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