$1,750,000
9
Beds
5
Baths
4,357
Living Area
-
Property Description
The property consists five condominiums within a five unit HOA. (5 of 5) This condominium structure provides significant upside potential should the buyer wish to sell them individually shortly after closing, or at some point in the future. The "conversion" has already been done. Because the Buyer will own 100% of the condominiums, it can be operated as an apartment building. The best of both worlds. If the Buyer prefers, the HOA can be revoked prior to closing, and the property can be delivered to the buyer as an apartment building. Three of the five condominiums have seen significant improvement since original construction. See photos of each condominium. Four of the condominiums have large walk-in storage closets at the 3rd level. See floor plans with the Documents tab. This property has been owned, professionally managed, and maintained for more than forty years by Mastrocola Management. Inspect it. It will be obvious that it has been well cared for.
-
Highlights
- Area: Prattville
- Heating: Central, Baseboard, Natural Gas, Unit Control, Electric
- Parking Spots: 5
- Property Type: 5-9 Family
- Total Rooms: 20
- Status: Active
- Cooling: Wall Unit(s)
- Levels: 6
- Property Class: Residential Income
- Stories: 6
- Year Built: 1970
-
Additional Details
- Appliances: Washer, Dryer, Range, Disposal, Microwave, Refrigerator, Range Hood, Dishwasher
- Exclusions: Reserve Funds Will Not Be Transferred. No Reserve Account Exists Given 100% Ownership Of All Condos.
- Flooring: Varies, Hardwood
- Foundation Area: 1938
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R1
- Construction: Brick
- Exterior Features: Rain Gutters
- Foundation: Concrete Perimeter
- Interior Features: Laundry Room, Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Kitchen, Living RM/Dining RM Combo, Living Room, Dining Room
- Roof: Shingle
- Total Number of Units: 5
- Year Built Source: Public Records
-
Amenities
- Community Features: Public Transportation, Park, Highway Access, Sidewalks
- Parking Features: Off Street, Assigned
-
Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $1,278,600
- Tax Year: 2026
- Total Rent: $6,635
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water), Unit 3(Heat, Water, Hot Water), Unit 4(Heat, Water, Hot Water)
- Taxes: $14,800
Similar Listings
Sold
16 Photos
Sold
42 Photos
Sold
10 Photos
Sold
41 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Mastrocola Management, Inc..
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.