406 2nd Ave 3Haleyville, AL 35565
Mitchell Addition · Marion County
Description
Built in 2025, this new-construction barndominium offers an excellent investment opportunity with immediate income and significant expansion potential. Currently rented for $900/month with a one-year lease in place. Unit 3 has a recent appraisal of $90,000. The property is already positioned for future development, with infrastructure in place to accommodate 4 additional units immediately. Improvements include a 5-gang meter base and a 6-inch main sewer line, with sewer capacity designed to support up to 15 total units. The property is fully enclosed by a 6-foot chain-link fence with a double-gate entrance. Unit 3 features a 3.5-ton central HVAC system, stainless steel appliances that convey, Alabama Power, and city sewer. Whether you're looking for immediate rental income, the opportunity to create a small rental community, or a larger long-term development project, this property offers a strong foundation for growth. Don't miss this unique investment opportunity! Buyer to verify info
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Year built
- 2025
- Living area
- 720 Sq Ft
- Lot size
- 1.05 acres
- Lot dimensions
- 257 x 220
- Zoning
- B2
- Days on market
- 28
- MLS® Listing#
- 530900
Property Features
- Sewer
- Public Sewer
Schools
- Elementary
- Haleyville
- Middle
- Haleyville
- High
- Haleyville
Financial Details
- HOA
- None
- Annual taxes
- $26
- Parcel number
- 1201010200053000
Directions
Old Hamilton Rd L on 5th st. HOR R
Listing Courtesy: Southern Premier Real Estate
Presented by: Kristen Krieger
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