NOT LISTED FOR SALE

400 Jackson Ave Muscle Shoals, AL 35661

-- Bed
48 Baths
5,084 Sq Ft
2 Acres

Last Sold February 28, 2019

Last sale price $1,150,000 $226 Per Sq Ft

155 Days on Market

Highlights

  • 2 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System
  • Webster Elementary School Rated A-

About This Home

As of February 2019

Looking for a property investment in Muscle Shoals, we have the perfect opportunity for you! This is a group of 6 quadplexes with a total of 24 units and two extra lots on Jackson Ave located in the heart of Muscle Shoals. Nice brick structure built in 1996 in close proximity to Muscle Shoals City Schools and Wilson Dam Rd. 5,084 total SF per quadplex each featuring four 3 bedroom/2 bathroom apartments with fireplace upgrades in the great room making these a high demand setup. Spacious rooms with carpet and tile, master bedroom/bathroom, and a laundry closet. Each unit is 1,263 SF and rents for $675/month with a one year lease.

Last Agent to Sell the Property

Erica Hubbard

Stutts Properties, Inc License #000117285 Listed on: 09/07/2018

Last Buyer's Agent

REGINA SOCKWELL

GROSCH REALTY License #000086204

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • 2 Acre Lot
  • Lot Dimensions are 835'x105'

Home Design

  • Hip Roof Shape
  • Gable Roof Shape
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 5,084 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Schools

  • Muscle Shoals Elementary And Middle School
  • Muscle Shoals High School

Utilities

  • Central Heating and Cooling System
  • Multiple Heating Units

Community Details

Overview

  • 6 Buildings
  • 24 Units

Building Details

  • Gross Income $194,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Multiple Dwellings
  • Built Before 1978 (Y/N): No
  • Easements: None
  • Frontage Len: 835
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 835'x105'
  • Road Frontage Type: City Street
  • Shoals Pic Orig I D: 423706
  • Subdivision Name: N/A
  • Agent Only_ L A1 User Code: S263_1900521
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet, Ceramic Tile, Tile (Flooring), Wood (Flooring)
  • NumberOfBuildings: 6
  • Price Per S Q F T: 226.2
  • Stories Total: 2

Exterior Features

  • Construction Materials: Brick
  • Roof: Composition, Gable, Hip/Sloped, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete (Parking)

Utilities

  • Cooling: Central Air, Electric (Cooling)
  • Heating: 2+ Central Units, Central Unit, Electric (Heating)

Lot Info

  • Range Aces: 1-2.99 acres
  • Acres: 2
  • Parcel Num: Multiple

Building Info

  • Year Built: 1996
  • BuildingAreaTotal: 5084

Multi Family

  • GrossIncome: 194400
  • Total Units: 24

MLS Schools

  • Elementary School: Muscle Shoals
  • Middle School: Muscle Shoals
  • HighSchool: Muscle Shoals

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $1,150,000 -31.5% $226 / Sq Ft
02/09/2019 02/09/19 Pending -- -- --
09/07/2018 09/07/18 For Sale $1,680,000 -- $330 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Erica Hubbard

    Seller's Agent in 2019

    Erica Hubbard

    Stutts Properties, Inc

    (256) 443-1463

    51 in this area

    145 Total Sales

    Erica Hubbard
    Section Image

  • R

    Buyer's Agent in 2019

    REGINA SOCKWELL

    GROSCH REALTY

See All Agents

Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 163884

Strategic MLS Alliance (Cullman / Shoals Area)
Alabama Colbert County Muscle Shoals 35661

400 Jackson Ave, Muscle Shoals, AL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Strategic MLS Alliance (Cullman / Shoals Area) IDX information is provided exclusively for 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 not guaranteed.

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