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Brick Fourplex on Corner Lot
Two Bedroom One Bath Units
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| Location | Huntsville, AL | | Type | Multi Family Home | | | Lot Size | 0.40 Acre | | Units | 4 | | | Status | Recently Sold | | Cap Rate | 8.7 | | | Subdivision | Executive Hills | | Elementary School | University Place | | | Middle School | Ed White | | High School | Butler High School | | | Heating | Central | | Cooling | CentralAir | | | Water | Public | | Construction | Brick | | | Appliances | Stove, Refrigerator, Dishwasher, W/D Hookup | | Exterior Features | Patio, Deck | | | Amenities | Washer Dryer Hookups | | Zoning | MultiFamily | | | Gross Income | $23,760 | | Market Rents | $495 / Unit | | | Unit Size | 850 Sqft | | Building Size | 3600 Sqft | | | Property Tax | $1600 / Year | | Sold Price | $ |
| Additional Information |
All 4 units have been recently rehabbed including appliance packages. Bath located between bedrooms to allow direct access from each. Very good presenting building on level lot. Current Rents are: A:465 B:465 C:425 D:475. All tenants now MTM to allow rent increases. Tenants pay all electric, water, and sewer. One of the nicest buildings in Executive Hills. Please click here for annualized property operating data.
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For more information or to schedule an appointment please contact
L. DAVID FREDERICK (256) 539-5393
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