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2 Luker Circle Selma AL 36701

Attention Investors! This is a most unique property offering consisting of 15 single family brick homes, plus 1 triplex, all sitting on 11.05 acres. There is also 1 acre with road frontage on Highway 80 East that is vacant but is connected and included with the package. The homes are all brick and range in size from 990 SF to 1884 SF. They have been investment property for many years and some tenants have resided there for 20+ years. Since January, 2023, there have been some electrical and plumbing upgrades, 1 new roof, roof repairs, and replacement of some exterior wood. Owner has been making repairs as tenants report them, but there are also plans to make repairs to one house at a time to totally rehab each one. The houses will be sold as a package deal and will not be sold separately or in a small package. Properties are priced far below tax assessment values, but pricing consideration has been given for work needed. Rental records, income statements and repair records are available from the property management company to interested and qualified buyers.

Courtesy of: Cornerstone Realty LLC.
  • MLS #
    572648
  • Bedrooms
    2
  • Baths
    1
  • Parking
    Attached Carport
  • Lot Dimensions
    irregular
  • Acres
    12.05

RPG Realty

Tel: (334) 481-0116
Email: info@rpg-realty.com

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than RPG Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. This information provided is 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 herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information © 2018 Multiple Listing Service, inc. of Montgomery Area Association of REALTORS®, Inc.