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Listing Courtesy of: Gateway Al Realty Group Llc - 256-429-9360

Description for 3915 McVay Street Sw

MLS# 1819485

Multifamily 10 of 16 units have been recently updated with new paint, flooring, new kitchen cabinets, appliances, bathroom vanities, and toilets. Packaged Terminal H/A. Painted brick exterior. No showings without accepted offer. Some units have been converted into 1-bedroom units. Owner pays trash ($95/mo), lawn care as needed ($100/mo). Tenants pay utilities, including water. See "Documents" for current rent roll. Pre-approval letter and POF required with offers. Do not disturb the tenants. Purchase individually or as a package with 3815 and 3916 Patton, 52 units total for $4,450,000. Located in the HUBZone.

General Features Property for Sale

  • Price
    $1,350,000
  • Listing Type
    Multi Family
  • MLS#
    1819485
  • Year Built
    1975
  • County
    Madison
  • Subdivision
    Metes And Bounds
  • Approx. Lot Size
    0.64
  • Approx. Acreage*
    0.64

Additional Details

General

Number of Buildings : 1
Number of Units Total : 16
Parking Features : Off Street, Private

Financial

Net Operating Income : $96,541
Tenant Pays : Electricity, Sewer, Water
Trash Expense : $1,140

Exterior

New Construction Y N : No

Equipment

Appliances : Electric Water Heater, Refrigerator, Oven
Heating : Electric, See Remarks
Heating Y N : Yes
Sewer : Public Sewer
Water Source : Public

Schools

Elementary School : Ridgecrest
High School : Columbia High
Middle or Junior School : Morris

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Market Research

This Property

  • $1,350,000

    List Price

  • 126

    Days on Website (Sep 28, 2022)

Huntsville Multi-Family Values

  • $903,167

    Average List Price

  • 97

    Average Days on Market

  • $393,023

    Average Sold Price

  • 8,684

    Number of Properties for Sale

Request Details

Hi, Are you curious about this property? Contact us with any questions.

Listing Courtesy of: Gateway Al Realty Group Llc - 256-429-9360
The data relating to real estate for sale on this web site comes in part from the IDX Programs of the North Alabama Real Estate Information Service, Inc. Real estate listings held by brokerage firms other than Crye-leike, REALTORS are marked with the IDX logo and detailed information about them includes the name of the listing office. Copyright © 2023 by North Alabama Real Estate Information Service, Inc. All rights reserved.