309 Caldwell Street, Tallassee, AL 36078 (MLS # 581597)

Price $149,900
Status Active
Beds 6
Baths 3 Baths
Home size 3,680 sqft
Lot Size 1.24 ac
Days on Market 2
CALLING ALL INVESTORS! 3 income-producing homes + 5 additional lots sold as a package deal! Acreage, square footage, and bed/bath count shown in the listing represent the combined total for all properties included and listed address is the 1/1 unit with individual addresses below. A full spreadsheet with individual unit breakdowns"”expenses, NOI, cap rate, and more"”is available upon request. Pictures are organized by front of home then inside pictures of that home. This package is 100% occupied with leases in place through October 1, 2026, providing immediate and secure cash flow. The residential units include: 1/1 home at approximately 800± sq ft 309 Caldwell St (Heating and cooling are window units and space heaters) 2/1 home at approximately 1,080± sq ft 121 N Ashurst Ave (Heating and cooling are window units and space heaters) 3/1 home at approximately 1,800± sq ft 125 N Ashurst Ave (Heating and cooling is central) These three homes sit on a combined 0.40± acres, and just down the street are five additional lots totaling 0.84± acres, all included in the sale. A recent survey for the 5 lots has already been completed and is available for review. This investment opportunity offers a 12% cap rate as-is, with significant upside potential for improvements, increased rents, or additional development"”making it an ideal addition to any portfolio. Don't miss out on this rare cash-flowing package! Call today for a"‹"‹"Œ"‹"‹"‹"‹"Œ"‹"Œ"‹"‹"‹"Œ"Œ"‹"‹"‹"Œ"Œ"Œ"‹"‹"Œ"‹"‹"Œ"Œ"‹"‹"‹"‹ showing!
Property Type(s): Single Family
Last Updated 11/15/2025 Tract Rural
Year Built 1978 Community Tallassee Area
County Tallapoosa

SCHOOLS

Elementary School Tallassee Elementary School
Jr. High School Southside Middle School
High School Tallassee High School

Additional Details

AIR Ceiling Fan(s), Central Air, Electric, Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Electric Range, Electric Water Heater
AREA Tallassee Area
CONSTRUCTION Wood Siding
HEAT Central, Electric, Space Heater
LOT 1.24 acre(s)
LOT DESCRIPTION City Lot
LOT DIMENSIONS Irr
PARKING Driveway
POOL DESCRIPTION None
SEWER Septic Tank
STORIES 1
STYLE OneStory
SUBDIVISION Rural
UTILITIES Electricity Available
WATER Public

Location

 

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Listed with DL Realty
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