Decatur 4-unit Multifamily Portfolio
201 8th Ave SW
Decatur, AL 35601
Highlights
- - Two new water heaters, 2023 & 2024
- - One new HVAC, 2023
- - New roof and gutters, 2022
- - Vacant units recently renovated with updates
- - Value-add opportunity
- - Conveniently located near shopping, entertainment, and workplaces
Description
At 201 8th Avenue, new roof and gutters in 2022, Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. Pre-approval letter and down payment proof of funds required with all offers. Can be purchased as a portfolio package for an additional $735,000 for 5 more units and a single-family house located at 2005 Morgan Avenue SW, Decatur, AL.
Nestled in Decatur, a city brimming with charm and opportunity, the location presents a wealth of amenities and conveniences for residents. With a variety of dining options, shopping destinations, and entertainment venues just moments away, residents enjoy a vibrant and dynamic community. Parks, schools, and healthcare facilities are easily accessible, ensuring a convenient and fulfilling lifestyle. The area's strong rental market and growing economy offer favorable conditions for real estate investment. Nearby attractions such as Point Mallard Park, Cook's Natural Science Museum, and the Wheeler National Wildlife Refuge provide residents with endless opportunities for leisure and exploration.
