Decatur AL Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 21394421
- Subdivision:
- NONE
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Courtesy: Tortorigi Properties, Inc.
205-243-4667
Jerry Tortorigi
ADDITIONAL INFORMATION
Fully leased at $1100/ unit/mo. Restaurants shopping nearby, great investment income. At present 6% Cap rate
- Type:
- Other
- Sq.Ft.:
- 3,526
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- MLS#:
- 21866040
- Subdivision:
- Fairview Land Company
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Courtesy: Gateway AL Realty Group LLC
256-509-2078
ADDITIONAL INFORMATION
This property has four 2-bedroom units with W/D hookups. Do not disturb the tenants, showings after executed contract, pre-approval and proof of funds required with all offers. Beautiful location, great neighborhood. Convenient to work and shopping. Tenants pay water/sewer/trash/electric. Beautiful granite countertops in renovated units.
- Type:
- Other
- Sq.Ft.:
- 3,448
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1986
- Baths:
- MLS#:
- 21866038
- Subdivision:
- Little John
View additional info
Courtesy: Gateway AL Realty Group LLC
256-509-2078
ADDITIONAL INFORMATION
Please do not disturb tenants. 201 8th Avenue has a new roof and gutters, Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. Pre-approval letter and down payment proof of funds required with all offers. An additional property located at 2005 Morgan Avenue, Decatur, AL can be purchased as a portfolio with 10-units. Rent rolls are available under documents.
- Type:
- Other
- Sq.Ft.:
- 3,526
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1985
- Baths:
- MLS#:
- 21866043
- Subdivision:
- Decatur Land Company
View additional info
Courtesy: Gateway AL Realty Group LLC
256-509-2078
ADDITIONAL INFORMATION
PORTFOLIO AVAILABLE: This property is for sale as a multifamily portfolio that includes: 2005 Morgan Avenue has one 3-bedroom single-family rental house and a 5-unit apartment building located on the same lot, 1221 Grant Street has four 2-bedroom units, 1203 North Street has 4 two-bedroom units, and 201 8th Avenue has 4 two-bedroom units, portfolio price is $2,000,000. All properties are in great locations and have received recent improvements and upgrades. Most units have LVP flooring and some units have granite countertops.
- Type:
- Other
- Sq.Ft.:
- 5,854
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1984
- Baths:
- MLS#:
- 21866035
- Subdivision:
- Railroad Association
View additional info
Courtesy: Gateway AL Realty Group LLC
256-509-2078
ADDITIONAL INFORMATION
This property includes a single-family residence and a 5-unit apartment building. Excellent opportunity to begin a profitable real estate portfolio. Property is well maintained and includes recent renovations. An additional 4-unit property also available at 201 8th Avenue, Decatur, AL for additional $425,000.
Decatur Real Estate
The median home value in Decatur, AL is $187,800. This is lower than the county median home value of $197,200. The national median home value is $338,100. The average price of homes sold in Decatur, AL is $187,800. Approximately 59.34% of Decatur homes are owned, compared to 32.58% rented, while 8.08% are vacant. Decatur real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Decatur real estate agent to arrange a tour today!
Decatur, Alabama 35601 has a population of 57,303. Decatur 35601 is less family-centric than the surrounding county with 25.9% of the households containing married families with children. The county average for households married with children is 28.38%.
The median household income in Decatur, Alabama 35601 is $52,539. The median household income for the surrounding county is $56,128 compared to the national median of $69,021. The median age of people living in Decatur 35601 is 40.6 years.
Decatur Weather
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 53.6 inches per year, with 1.5 inches of snow per year.