261 Cypress Mill Rd 2Florence, AL 35630
None · Lauderdale County
Description
**BUSINESS OPPORTUNITY + SPACE TO LIVE UPSTAIRS!** This versatile property offers the unique opportunity to combine your business and residence all in one location. **Zoned for both residential and commercial use**, the possibilities are wide open for an entrepreneur, investor, or owner-occupant. The property features **two separate apartments**, one upstairs and one downstairs, each with its own private entrance. The flexible layout allows the **ground floor to be used as a business space while you live upstairs**, making this an excellent option for someone looking to operate a business without the expense of a separate commercial space and home. Looking for additional investment potential? The property also offers the possibility of redevelopment into **multiple apartment units**, providing another avenue for future use and income potential. With multiple ways to utilize the space, this property is a rare opportunity for those looking to **work, live, and invest in one location**.
Property Information
- Property type
- Residential
- Sub-type
- Single Family Residence
- Year built
- 1930
- Living area
- 1,800 Sq Ft
- Lot size
- 0.02 acres
- Lot dimensions
- 55x125
- Zoning
- R1
- Days on market
- 120
- MLS® Listing#
- 529070
Property Features
- Parking
- Additional Parking
- Sewer
- Public Sewer
Schools
- Elementary
- City
- Middle
- City
- High
- City
Financial Details
- HOA
- None
- Annual taxes
- $525Tax year 2025
- Parcel number
- 2402033005052000
Directions
Travel N. on Pine St., turn right on Cypress. The house is on the right. corner of Pine St & Cypress. parking spaces in the back ( Pine ) & on the side ( Cypress)
Listing Courtesy: EXIT River City Realty
Florence Market Statistics
How this home compares to 330 active listings in Florence, AL
| Florence median | This listing | |
|---|---|---|
| Median listing price | $300,621 | $269,900 |
| Median days on market | 64 | 120 |
| Median Sq Ft | 1,870 | 1,800 |
| Median price / Sq Ft | $153 | $150 |
Market statistics compiled from active EXIT Realty® and MLS listings in Florence, AL.
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|---|---|---|---|---|
| 1062 Stewart Ave, Florence, AL | $284,900 | 3 | 2 | 1,575 |
| 2108 Sherrod Ave, Florence, AL | $247,000 | 3 | 2 | 1,100 |
| 529 Howell St, Florence, AL | $245,000 | 3 | 2 | 1,333 |
| 614 Paxton St, Florence, AL | $229,900 | 3 | 3 | 2,600 |