BEDS3
BATHS1 full
SQUARE FEET720
MLS#530900
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONMitchell Addition
NEIGHBORHOODHaleyville
Property Description
Built in 2025, this new-construction barndominium offers an excellent investment opportunity with immediate income and significant expansion potential. Currently rented for $900/month with a one-year lease in place. Unit 3 has a recent appraisal of $90,000.The property is already positioned for future development, with infrastructure in place to accommodate 4 additional units immediately. Improvements include a 5-gang meter base and a 6-inch main sewer line, with sewer capacity designed to support up to 15 total units. The property is fully enclosed by a 6-foot chain-link fence with a double-gate entrance. Unit 3 features a 3.5-ton central HVAC system, stainless steel appliances that convey, Alabama Power, and city sewer.Whether you're looking for immediate rental income, the opportunity to create a small rental community, or a larger long-term development project, this property offers a strong foundation for growth. Don't miss this unique investment opportunity! Buyer to verify info
Property Features
Property Type: Residential - Single Family
Lot Size: 1.05 Acres
Taxes: $26
Year Built: 2025
Feature Descriptions
Bathrooms Full: 1
Built Before 1978 Y/N: No
City Limits Y/N: No
Days on Site: 54
Lot Dimensions: 257 x 220
Multiple Level Y/N: No
Parcel Number: 1201010200053000
Rooms Total: 5
Sewer: Public Sewer
SQFT Above Grade Finished: 720
SQFT Building Total: 720
Zoning: B2
Local Schools
High School: Haleyville
Middle School: Haleyville
Elementary School: Haleyville
Listed By / Shown By
Listed By
Agency Name: Southern Premier Real Estate
Agency Phone: 256-874-7823
Shown By
Agency Title: Crye-Leike Real Estate Services - Adaro Realty - Memphis
Agency Phone: 901-751-6675
Source: Shoals MLS
Estimate Your Payment
Estimated Payment
$ 276.55 per month $242.59 Principal & Interest $2.17 Property Tax $31.79 Homeowner's InsuranceChange Payment Information
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406 2nd Ave | MLS# 530900
This single family home located at 406 2nd Ave, Haleyville, AL 35565 is currently listed for sale with an asking price of $109,000. This property was built in 2025 and has 3 bedrooms and 1 full baths with 720 sq. ft. 2nd Ave is located in the Mitchell Addition subdivision. Search Mitchell Addition real estate on www.adarorealty.com today.