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Listed by JOHNNY MANN • CRAWFORD WILLIS GROUP

$3,350,000

Est. payment - /mo

8 Beds

8 Baths

3,462 SqFt

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UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 3,462 sqft

Price per Sqft $967

Subdivision Auburn

MLS Listing ID 182395

Bedrooms 8

Full Baths 8

HOA Y/N No

Abv Grd Liv Area 3,462

Year Built 1994

Lot Size 0.260 Acres

Acres 0.26

Property Sub-Type Condominium

Property Description

INVESTMENT OPPORTUNITY NEAR AUBURN UNIVERSITY! Acquire 4 fully occupied, updated units in a highly desirable Auburn location, approximately half a mile from downtown Auburn and convenient to Auburn University & Jordan-Hare Stadium. All 4 units are being sold together as one property, offering investors an established, income-producing multifamily asset with tenants already in place. The property consists of 4 individual units with a combined 8 bedrooms & 8 bathrooms. Each unit features updated interiors with durable LVP flooring & functional living spaces. With all 4 units currently occupied, a new owner can step into an established rental property without the immediate need to market vacant units or secure new tenants. For investors looking beyond traditional long-term rentals, the location also creates an attractive opportunity for a future short-term rental or Airbnb strategy. Proximity to Auburn University, Jordan-Hare Stadium, downtown Auburn, & the surrounding campus district positions the property well for football weekends, university events, graduations, alumni weekends, & other year-round activities. Situated next door to Momma Goldberg's, the property offers convenient access to restaurants, shopping, entertainment, campus, & downtown. The combination of 4 individual units, existing occupancy, updated interiors, & flexibility for both long-term & short-term rental strategies makes this a compelling multifamily investment opportunity in the Auburn market.

SHOWING REQUIREMENTS: Listing Agent must be present for all property showings. The property is tenant-occupied, and a minimum of forty-eight (48) hours' notice is required prior to any showing. Prospective Buyers must provide satisfactory proof of funds prior to any showing being scheduled or conducted.
FINANCIAL INFORMATION: Prospective Buyers should contact the Listing Agent for the current rent roll and other available profit and loss (P&L) financial information pertaining to the property.

Location

State AL

County Lee

Community Public Transportation

Area Auburn

Interior

Interior Features Ceiling Fan(s)

Heating Electric

Cooling Central Air, Electric

Fireplace No

Appliance Electric Cooktop, Refrigerator

Exterior

Parking Features Other, See Remarks

Fence Partial

Pool None

Community Features Public Transportation

Utilities Available Cable Available, Electricity Available, Water Available

Amenities Available None

Building

Lot Description < 1/2 Acre

Story 2

Entry Level Two

Foundation Slab

Level or Stories Two

Schools

Elementary Schools Richland/Creekside

Middle Schools Richland/Creekside

Others

HOA Fee Include None

Tax ID 43 08 07 25 1 002 067.000

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Greg Powell

Agent License ID: 142507

+1(334) 521-2507

123 N DONAHUE DR #A, B, C, D Auburn, AL 36832

Key Details

Location

Interior

Exterior

Building

Schools

Others

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123 N DONAHUE DR #A,B,C,D