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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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County
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School Information

Elementary School
Middle School
High School

Description

Home is 3 one bedroom apartments. Unit #1 $300/month, Unit #2 $400/month, and Unit #3 $400/month. Property is being SOLD "AS IS." A metal roof was installed in 2020. All units have eat-in Kitchen, full bathroom, living room, bedroom and window units as well as gas heat. All tenants have rented for 5 years or longer. With a little TLC this is a great income producer. Cap Rate is 8%.

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© 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Green Real Estate and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-17T19:27:11.167.
www.hubbellre.com/homes/108637983
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205 Prospect Drive Decatur, AL 35601

  • Price: $99,000
  • Status: Active
  • Updated: 88 min ago
  • MLS #: 1149911
0
Beds
0
Baths
0
½ Baths
0.1
Acres
2,491
SQFT
$40
$/SQFT
Neighborhood:
D L I & F C
County:
Morgan
Area:
Morgan
Elementary School:
Banks-Caddell
Middle School:
Oak Park
High School:
Decatur
Property Description
Home is 3 one bedroom apartments. Unit #1 $300/month, Unit #2 $400/month, and Unit #3 $400/month. Property is being SOLD "AS IS." A metal roof was installed in 2020. All units have eat-in Kitchen, full bathroom, living room, bedroom and window units as well as gas heat. All tenants have rented for 5 years or longer. With a little TLC this is a great income producer. Cap Rate is 8%.
Exterior Features

Parking Features DrivewayOn Street

Interior Features

Bedrooms In Unit2 1 Bedrooms Unit1 1 Bedrooms Unit3 1 Building Area Total 2491 Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Heating YN No

Property Features

City Limits Yes Number Of Units Unit2 2 Number Of Units Unit3 3 Property Condition Unknown Property Sub Type Multi Family Sewer Public Sewer Water Source Public Year Built Renovated 1

Listing provided courtesy of Marmac Real Estate.


© 2021 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or Green Real Estate and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-09-17T19:27:11.167.
 
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Green Real Estate
2700 Winchester Road, Suite E
Huntsville AL, 35811