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    110 Yacht Basin Drive

    DEMOPOLIS, AL 36732
    • $449,000
    • STATUS: Active
    • ON SITE: 22 days
    • MLS #: 142410
    UPDATED: 54 min ago
    $449,000
    • 0
      BEDS
    • 0.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,967
      SQFT
    • $50
      $/SQFT
    Type:
    Multi-Family
    Built:
    1986
    County:

    School Ratings & Info

    Description

    Excellent investment opportunity for income-producing property in a high-traffic, designated growth area in Demopolis. Building interior has been demoed to be completed as 26-unit motel, studio apartments, 13 one-bedroom condominiums or a combination of both. A fire suppression sprinkler system, new roof and siding has been installed throughout the building. One unit has been converted and finished as a one-bedroom condo with full kitchen and tiled bath. All decks and balcony are newly-floored with Trex with a great view of the marina and river. Parking and boat storage underneath along with an office, bathroom and laundry. All necessary variances have been approved by the City of Demopolis and property is in an opportunity zone. Call agent for fact sheet.

    Monthly Payment Calculator

    © 2021 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2021-03-06T10:50:25.02.

    www.advantagerealtygroup.com/homes/114160856
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    110 Yacht Basin Drive DEMOPOLIS, AL 36732

    • Price: $449,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 142410
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.52
    Acres
    8,967
    SQFT
    $50
    $/SQFT
    1986
    Built
    Neighborhood:
    (07) Outside Tuscaloosa - Not Neighboring
    County:
    Marengo
    Area:
    (07) Outside Tuscaloosa - Not Neighboring
    Property Description
    Excellent investment opportunity for income-producing property in a high-traffic, designated growth area in Demopolis. Building interior has been demoed to be completed as 26-unit motel, studio apartments, 13 one-bedroom condominiums or a combination of both. A fire suppression sprinkler system, new roof and siding has been installed throughout the building. One unit has been converted and finished as a one-bedroom condo with full kitchen and tiled bath. All decks and balcony are newly-floored with Trex with a great view of the marina and river. Parking and boat storage underneath along with an office, bathroom and laundry. All necessary variances have been approved by the City of Demopolis and property is in an opportunity zone. Call agent for fact sheet.
    Exterior Features

    Parking Features CoveredParking Space(S) Roof Metal

    Property Features

    Lease Considered No Property Sub Type Multi Family Utilities Electricity Available

    Listing provided courtesy of Lee Foster of Keller Williams Realty Tuscaloosa.
    © 2021 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or The Advantage Realty Group. Data last updated: 2021-03-06T10:50:25.02.

     
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    The Advantage Realty Group
    1641 N. McFarland Blvd, Suite A-1
    Tuscaloosa AL, 35406