217 8th Street SW, Decatur, AL 35601
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217 8th Street SW, Decatur, AL 35601
217 8th Street SW, Decatur, AL 35601
217 8th Street SW, Decatur, AL 35601
217 8th Street SW, Decatur, AL 35601
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$ 1,925,000
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Active Under Contract

217 8th Street SW Decatur, AL 35601

0.45 Acres Lot


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Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Metes And Bounds

MLS Listing ID 21908383

HOA Y/N No

Year Built 1980

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Multi Family

Source Valley MLS

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.

Location

State AL

County Morgan

Direction South On Central Parkway, Right On 8th Street, Property On The Left. No Signage.

Interior

Heating Central, Varies by Unit, Electric

Cooling Central Air

Fireplace No

Appliance Oven, Refrigerator, Dishwasher, W/D Hookup, Electric Water Heater

Laundry Washer Hookup

Exterior

Porch Deck, Porch

Total Parking Spaces 36

Building

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Schools

Elementary Schools Banks-Caddell

Middle Schools Austin Middle

High Schools Austin

Others

Tax ID 03 09 30 1 002 017.000


Valley MLS / North Alabama MLS
Listed by Gateway Al Realty Group LLC

NEARBY SCHOOLS & PROPERTIES

Shalu Holman

Shalu Holman

Associate Broker | License ID: 118489

+1(513) 491-2731

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217 8th Street SW