Discover this inviting 2-bedroom, 2-bathroom duplex, perfectly situated on a spacious 0.5-acre lot in a peaceful, quiet neighborhood in Cordova. Each unit features two comfortable bedrooms and two full bathrooms, ideal for a range of tenants seeking a cozy and functional living space. The property currently has long-term tenants in place on month-to-month leases, offering you the flexibility to raise rents and increase cash flow if desired. With its prime location, ample outdoor space, and strong rental history, this duplex presents an incredible opportunity for investors looking to expand their portfolio or for owner-occupiers seeking additional income. Donâ??t miss out on this chance to own a solid, income-generating property in a highly desirable area!
12 unit portfolio consisting of a 4 plex and an 8 unit complex. NOI is $81,672 monthly income is $9,840 and expenses are $3,034. Professionally managed and 100% occupied! Mailbox money investment. Well maintained and updated.
The median home value in Cordova, AL is $269,000. This is higher than the county median home value of $184,100. The national median home value is $338,100. The average price of homes sold in Cordova, AL is $269,000. Approximately 53.2% of Cordova homes are owned, compared to 25.96% rented, while 20.84% are vacant. Cordova real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Cordova real estate agent to arrange a tour today!
Cordova, Alabama has a population of 1,709. Cordova is less family-centric than the surrounding county with 12.01% of the households containing married families with children. The county average for households married with children is 26.22%.
The median household income in Cordova, Alabama is $35,764. The median household income for the surrounding county is $47,442 compared to the national median of $69,021. The median age of people living in Cordova is 43.9 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 31.3 degrees. The average rainfall is approximately 57.6 inches per year, with 0.6 inches of snow per year.