$385,000
$395,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
4128 Penny Street SW Huntsville, AL 35805
Key Details
Sold Price $385,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Subdivision Newson Penny
MLS Listing ID 1828977
Sold Date 05/18/23
HOA Y/N No
Lot Dimensions 75 x 150
Property Sub-Type Multi Family
Source Valley MLS
Property Description
Welcome to an incredible real estate investment opportunity! This portfolio consists of four (3 renovated & leased, 1 under renovation) 2-bedroom, 1-bathroom apartments located just minutes away from the University of Alabama in Huntsville (UAH) and Redstone Arsenal. These units are perfect for students and military personnel looking for a convenient place to call home. The modern upgrades, including new flooring, appliances, and fixtures, make these apartments a standout option for renters in the area. With an estimated pro-forma annual income of $39,600, this investment offers a promising return.
Location
State AL
County Madison
Direction From Memorial Parkway, West On Drake Ave, Left On Penny St. Building On Right.
Interior
Heating Central, Electric
Cooling Central Air
Fireplace No
Appliance Dishwasher, Refrigerator, Oven, W/D Hookup
Laundry Washer Hookup
Exterior
Exterior Feature Balcony
Porch Patio
Total Parking Spaces 8
Building
Sewer Public Sewer
Water Public
New Construction Yes
Schools
Elementary Schools Ridgecrest
Middle Schools Morris
High Schools Columbia High
Others
Tax ID 1705152002084.000
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Copyright
Based on information from North Alabama MLS.
Bought with Mid City Real Estate Hsv
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