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217 8th Street Sw, Decatur, AL 35601

$1,925,000
  • 217 8th Street Sw, Decatur, AL 35601 Main Photo

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Active Under Contrac
BEDS0 BATHS MLS#21908383
STATUSActive Under Contrac PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONMetes And Bounds

Property Description

Apartments priced at $80,208/door, four six-unit apartment buildings for a total of 24 units offers a mix of 1 and 2 bedroom units, with a value-add upside, quality renovations have upgrades and updates, some include new cabinets and granite countertops, new bathroom vanities, metal roofs, most HVACs and water heaters have been replaced, each building has four 1-bedroom units and two 2-bedroom units. Value-add opportunity with market rent increases,100% occupancy. Pre-approval lender letter and POF with offers. Showings during inspection after contract and EMD.

217 8th Street Sw | MLS# 21908383

This multi-family property located at 217 8th Street Sw, Decatur, AL 35601 is currently listed for sale with an asking price of $1,925,000. Search Decatur real estate on www.crye-leike.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central, Varies by Unit, Electric
Lot Size: 0.45 Acres
Stories: 2.0
Year Built: 1980

Feature Descriptions

Appliances: Oven, Refrigerator, Dishwasher, W/D Hookup, Electric Water Heater
Cooling Y/N: Yes
Days on Site: 81
Heating Y/N: Yes
Laundry: Washer Hookup
Parcel #: 03 09 30 1 002 017.000
Parking: Lot, Private, Off Street, Parking Lot
Parking Total: 36
Patio/Porch: Deck, Porch
Sewer: Public Sewer
SQFT Building Total: 14976
Units: 24
Water: Public

Local Schools

High School: Austin
Middle School: Austin Middle
Elementary School: Banks-Caddell

Listed By / Shown By

Listed By

Agency Name: Gateway Al Realty Group LLC

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Huntsville/Valley MLS

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Estimated Payment

$ 4,845.67 per month $4,284.22 Principal & Interest $0.00 Property Tax (data not provided by mls) $561.46 Homeowner's Insurance

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