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2601 Cole Street Tuskegee, AL 36088
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Key Details
Sold Price $750,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Metes And Bounds
MLS Listing ID 21900569
Sold Date 02/06/26
HOA Y/N No
Year Built 1986
Lot Size 1.350 Acres
Acres 1.35
Property Sub-Type Multi Family
Source Valley MLS
Property Description
Explore an exceptional investment opportunity with this multifamily property. 14,210 SF of buildings encompasses 16 2-bedroom units and 8 1-bedroom, presenting a hard to find value-add opportunity. Built in 1986 and thoughtfully renovated in 2022, the property boasts a large 1.35-acre lot with ample parking. It is being sold as is with no known defects, Value-add prospect for investors seeking the lowest price per door in Alabama. With its prime location and significant potential, this multifamily property sets the stage for a lucrative investment in the thriving Tuskegee area. Currently leased as student housing the Tuskegee University.
Location
State AL
County Macon
Direction From Tuskegee University Go Southwest On Booker T. Washington Blvd. To W. Montgomery Rd, Turn Right Onto W. Montgomery Rd, Turn Right Onto Cole Street, Apartments Will Be On The Left.
Interior
Heating Central
Cooling Central Air
Fireplace No
Appliance Oven, Refrigerator, Electric Water Heater
Exterior
Total Parking Spaces 36
Building
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Dc Wolfe
Middle Schools Tuskegee Institute
High Schools Booker T Washington
Others
Tax ID 1501021001039000
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Copyright
Based on information from North Alabama MLS.
Bought with Gateway Al Realty Group LLC
NEARBY SCHOOLS & BUSINESSES
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