$365,000

47-67 Groner St Daleville, AL 36322

$4,334
Closing credit¹
12 beds
6 full
4,680 sqft
2.1 acres
$78 / sqft
Multi-Family

Property details

About 47-67 Groner St

Unleash the untapped potential of this 6-unit Multi-Family gem, delivering an impressive 7% cap rate that promises a rewarding return on investment. The current net operating income (NOI) of $28,121 merely scratches the surface, as tenants currently enjoy below-market rents for these generously sized 2-bedroom, 1-bath units. Envision the financial transformation when rental rates are adjusted to a modest market rate of $850 per unit, propelling the projected NOI to a remarkable $52,057. Elevate your investment portfolio with a property that has undergone recent upgrades, including a brand-new roof, fresh siding, updated windows, and modernized A/C units installed within the last few years. These enhancements not only enhance the property's curb appeal but also signify a commitment to quality and long-term sustainability, ensuring a sound investment for discerning buyers seeking both immediate returns and future appreciation.

Highlights

Home typeMulti Family
HeatingOther
StatusActive
CoolingOther
Size4,680 sqft
Lot size2.08 Acres
Year built1979
ParkingDetached Carport
MLS #202045

Summary

  • MLS Number: 202045
  • MLS Name: Dothan
  • Office Name: Keller Williams Southeast Alabama
  • Office Phone: (334) 702-3595
  • Listing Agent: Michael Prange

IDX Information on this website is provided exclusively for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. Information on this website cannot be "scraped" or used without written permission from the Dothan Multiple Listing Service, Inc.®. The data relating to real estate for sale on this website comes in part from the (IDX) Internet Data Exchange Program of the Dothan Multiple Listing Service, Inc.®. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Real estate listings held by brokerage firms other than the owner of this website are marked with the Internet Data Exchange logo (IDX) or the Internet Data Exchange brief/thumbnail logo and detailed information about them includes the name of the listing firm.
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Last updated on: 3/15/2025, 8:15:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of yard

$365,000

47-67 Groner St

$4,334

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

Rucker Boulevard Elementary School

Public District KG-6

3.2 mi

209 Regency Dr

5

Harrand Creek Elementary School

Public District KG-6

3.4 mi

216 Morgan Ln

3

A M Windham Elementary School

Public District PK-4

3.4 mi

626 N Daleville Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $44,244. The most common annual income of people living in Daleville, AL is less than $<35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

45%
<35k
39%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

38%
Single, No Kids
17%
Single, with Kids
28%
Married, No Kids
17%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
20%
18-34 yrs old
44%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • KmartKmart
  • Dollar GeneralDollar General

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • ChevroletChevrolet
  • BuickBuick
  • RamRam

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

This home is located at 47-67 Groner St in Daleville, AL and zip code 36322. This 4,680 square foot home, which was built in 1979, sits on a 2.08 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 4, 2025 and is currently priced at $365,000.

From Rocket Homes Real Estate and based on county public records data.

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