NOT LISTED FOR SALE

622 N Poplar St Florence, AL 35630

-- Bed
1 Bath
7,440 Sq Ft
0.48 Acres

Last Sold April 28, 2022

Last sale price $460,000 $62 Per Sq Ft

About This Home

As of April 2022

Located in Downtown Florence and just blocks from thriving Court Street restaurants and the University of North Alabama this 8 unit, single bedroom apartment complex presents an abundance of opportunity for new ownership. Each building has four units that have a kitchen, bathroom, large bedroom and large living space. Each unit has it's own utilities and central HVAC.

Last Agent to Sell the Property

John Rusevlyan

Prosouth Realty License #000079710-2 Listed on: 04/28/2022

Last Buyer's Agent

JUSTIN BISHOP

Pounders & Associates, Inc. License #000086299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1962

Lot Details

  • 0.48

Home Design

  • Slab Foundation

Interior Spaces

  • 7,440 Sq Ft Home
  • 2-Story Property

Schools

  • Florence Elementary And Middle School
  • Florence High School

Additional Features

  • 0.48 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 24-01-11-2-007-029.00

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Florence Community
  • City Of Florence Subdivision

Building Details

  • 7 Leased Units
  • 1 Vacant Unit
  • Insurance Expense $3,716
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,283

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Class: MultiFamily
  • Type: Apartment Complex
  • Building Area Src: Estimated
  • Built Before 1978 (Y/N): Yes
  • Internet Addr Display Y N: Yes
  • Internet Auto Val Display Y N: Yes
  • Lot Dimensions: 100 x 207.60 24-01-11-2-007-029.001 included
  • Multiple Level Y N: Yes
  • Sp Lp Percent: 100
  • Subdivision Name: City of Florence
  • Units Unfurnished: 8
  • Agent Only_ L A1 User Code: S222_11484
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement YN: No
  • NumberOfBuildings: 2
  • Price Per S Q F T: 61.83
  • Stories Total: 2

Exterior Features

  • Foundation Details: Slab
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: Central Air, Separate Meters
  • Heating: Central Unit
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Community Name: Florence

Schools

  • Elementary School: Florence
  • Middle School: Florence
  • High School: Florence

Lot Info

  • Acres: 0.48
  • Parcel Num: 24-01-11-2-007-029.00

Building Info

  • Year Built: 1962
  • BuildingAreaTotal: 7440

Multi Family

  • GrossIncome: 43200
  • InsuranceExpense: 3716
  • NumberOfUnitsLeased: 7
  • NumberOfUnitsVacant: 1
  • Tenancy: Multiple Tenants
  • Total Units: 8

Tax Info

  • Tax Annual Amount: 3283

MLS Schools

  • Elementary School: Florence
  • Middle School: Florence
  • HighSchool: Florence

Range of Values:

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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
04/28/2022 04/28/22 Sold $460,000 0.0% $62 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $460,000 -- $62 / Sq Ft
Source: Strategic MLS Alliance (Cullman / Shoals Area)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Rusevlyan

    Seller's Agent in 2022

    John Rusevlyan

    Prosouth Realty

    (256) 366-1627

    57 Total Sales

    John Rusevlyan
    Section Image

  • J

    Buyer's Agent in 2022

    JUSTIN BISHOP

    Pounders & Associates, Inc.

    (256) 766-0998

    38 Total Sales

    JUSTIN BISHOP
    Section Image
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Map

Source: Strategic MLS Alliance (Cullman / Shoals Area)

MLS Number: 505137

Strategic MLS Alliance (Cullman / Shoals Area)
Alabama Lauderdale County Florence 35630

622 N Poplar St, Florence, AL

This home is located at 622 N Poplar St, Florence, AL 35630 since 28 April 2022. This property was built in 1962. 622 N Poplar St is a home located in Lauderdale County with nearby schools including Florence Freshman Center, Florence High School, and St. Joseph Regional Catholic School.

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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