107 Bailey Street, Rainbow City AL 35906

  • $2,105,000
107 Bailey Street, Rainbow City AL 35906
107 Bailey Street, Rainbow City AL 35906
  • $2,105,000

Overview

MLS Number: 21923737
  • Residential
  • Property Type
  • N/A
  • Bedrooms
  • N/A
  • Total Bathrooms
  • N/A
  • Square Feet

Description

Instant Income-Producing Investment Opportunity! Seize this exceptional opportunity to own a 38-unit apartment complex providing historical occupancy and rental income from day one. This well-maintained property features a desirable unit mix of 31 two-bedroom units with 1½ bath and 7 one-bedroom units with 1 bath appealing to a broad range of tenants. Located in Rainbow City, an economical and residential bright spot within the Gadsden and Etowah County area just minutes from shopping, schools and major interstate access. This apartment complex presents an outstanding opportunity with long-term growth potential.

Details

Last Updated on July 14, 2026 at 6:40 pm
  • Elementary School John S Jones Elementary
  • Middle School Rainbow
  • High School Southside High School
  • Exterior Features Curb/Gutters
  • Cooling Central Air
  • Appliances Oven, Refrigerator, W/D Hookup
  • Directions From Gadsden Mall, Drive 411 S Towards Rainbow City. Turn Right Onto Hollingsworth Ave, Right Onto Wren Ave, Property On The Left.
  • Acreage 1.83
  • Lot Size Lot dimensions not available
  • Subdivision J. Lowery Rogers
  • Fencing Privacy
  • Parking Private, Lighted, Parking Lot
  • Heat Central
  • Fireplace? No
  • Foundation No Foundation Listed

Listing Information

This listing has been provided courtesy of: Era King Real Estate and Shasta Quick through ValleyMLS. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.



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Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.

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