Madison AL Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- 2,084
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1 Acres
- Baths:
- MLS#:
- 21860747
- Subdivision:
- Metes And Bounds
View additional info
Courtesy: Capstone Realty Stovehouse
256-678-7045
ADDITIONAL INFORMATION
1 ACRE!! GREAT COMMERCIAL INVESTMENT - NO RESTRICTIONS, CURRENTLY BEING USED AS A MULTI-FAMILY offering 3 UNITS w/ GREAT INCOME POTENTIAL TOTALING $2775 MONTHLY (WOULD MAKE A PERFECT AIRBNB). All 3 units are tenant occupied & currently rent month to month. Front Unit rents for $975 a month offering 2 bedrooms, 1 full bath, kitchen, laundry & family room. Side unit (studio) rents for $850 a month & offers kitchenette, family/bedroom & 1 full bath. Back unit rents for $950 a month & offers 1 bedroom, 1 full bath, family room, kitchen & shares laundry room w/ side unit. All units are being sold FULLY FURNISHED OR SELLERS CAN REMOVE!
Madison Real Estate
The median home value in Madison, AL is $359,000. This is higher than the county median home value of $293,900. The national median home value is $338,100. The average price of homes sold in Madison, AL is $359,000. Approximately 71.8% of Madison homes are owned, compared to 25.19% rented, while 3.01% are vacant. Madison 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 Madison real estate agent to arrange a tour today!
Madison, Alabama has a population of 55,551. Madison is more family-centric than the surrounding county with 44.71% of the households containing married families with children. The county average for households married with children is 29.38%.
The median household income in Madison, Alabama is $105,335. The median household income for the surrounding county is $71,153 compared to the national median of $69,021. The median age of people living in Madison is 38.8 years.
Madison Weather
The average high temperature in July is 90.1 degrees, with an average low temperature in January of 29.9 degrees. The average rainfall is approximately 54.7 inches per year, with 1.6 inches of snow per year.