33 fixed mobile homes unites 17 3 bedroom 2 baths 16 2 bedroom 2 bath units. All separately metered, central heat and Air. Septic systems all units are 4 years old. Great location in Killen, AL.
GREAT INVESTMENT OPPORTUNITY just outside of Huntsville, AL, a thriving hub for economic growth! This well maintained and partially updated multi-family property offers an incredible opportunity for investors seeking a solid return. Property features 9 duplexes with a total of 18 units on 7.87 acres. This property has undergone significant updates based on valuable feedback from previous listing. Some of the units have been tastefully renovated, attracting new tenants at a higher rent rate. Some units have yet to undergo a refresh as they are currently occupied, providing immediate rental income. The recent rental income for February 2024 exceeded $7,800, demonstrating the future cash flow potential of this investment. Investors will appreciate the opportunity to capitalize on the strong rental demand in the area, coupled with the potential for future appreciation. Buyer to verify all information. NDA required to access financial information. Showings with accepted offer.
The median home value in Killen, AL is $245,300. This is higher than the county median home value of $190,200. The national median home value is $338,100. The average price of homes sold in Killen, AL is $245,300. Approximately 56.87% of Killen homes are owned, compared to 26.69% rented, while 16.44% are vacant. Killen 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 Killen real estate agent to arrange a tour today!
Killen, Alabama 35645 has a population of 1,209. Killen 35645 is more family-centric than the surrounding county with 32.11% of the households containing married families with children. The county average for households married with children is 27.91%.
The median household income in Killen, Alabama 35645 is $54,261. The median household income for the surrounding county is $50,000 compared to the national median of $69,021. The median age of people living in Killen 35645 is 42.1 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 56.2 inches per year, with 2.8 inches of snow per year.