If you are looking for an excellent investment opportunity in an ideal Auburn location, you’ve found it at 429 N. Gay Street!
Listed for $650,000, this multi-family complex is made up of four (4) two-bedroom, one-bathroom units. Two units are located on the first level, and two units are located on the second level with shared foyers. Originally built in 1950, this 3,420 square-foot property was just updated at the beginning of March 2017 and has been well-maintained.
Located a half-mile from Toomer’s Corner in downtown Auburn, 429 N. Gay Street is within walking distance of community destinations like the Jan Dempsey Community Arts Center, Frank Brown Recreation Center and Auburn Post Office. These residences are also located within walking or biking distance to Auburn University and downtown Auburn, which boasts popular dining and shopping spots like The Depot, Live Oaks, Acre Restaurant, The Hound, J&M Bookstore, Toomer’s Drugs and a host of other award-winning restaurants, iconic shops and town landmarks. The building has a walk score of 79, which means “very walkable” and that most errands can be accomplished on foot!
All four of these units have been leased at $900 a unit, or $450 a room, for the 2017-2018 school year.
To make your investment in an unbeatable location on the edge of downtown Auburn, schedule an appointment to see 429 N. Gay Street today!
For more information and photos of 429 N. Gay Street, click here.
To view this or other listings in the Auburn and Opelika areas, contact Realtor Ryan Roberts today! Call Ryan at 334-750-9872 or email [email protected]!