Decatur 10-unit multifamily portfolio for sale
2005 Morgan Avenue and 201 8th Avenue
Decatur, AL 35601
Highlights
- - Two Units have new HVACS from 2020 and 2021
- - Recently renovated units
- - Convenient to Decatur shopping and restaurants
- - One new roof in 2022
- - Decatur, AL enjoys easy commute for the same employment opportunities as Huntsville
Description
This investment property features a 5-unit multifamily building plus a 1694 sf. single-family rental at 2005 Morgan Avenue, Decatur, AL. Full occupancy offers immediate rental income. Tenants pay electric and trash. Owner pays taxes, insurance, and water. Now offering the opportunity to purchase as a 10-unit portfolio by combining with the 4-plex apartment building located at 201 8th Avenue, Decatur, AL.
Located in the vibrant city of Decatur, AL, the area around the property offers a thriving hub of commerce, culture, and convenience. Nearby, you'll find an array of dining options, including popular eateries like Big Bob Gibson Bar-B-Q and Mellow Mushroom, perfect for business lunches and client meetings. For entertainment, the charming Cook Museum of Natural Science and the Old State Bank provide cultural enrichment just a stone's throw away. With its desirable location and access to amenities, Decatur offers an attractive backdrop for investors seeking to establish or expand their presence in this dynamic community.
