Decatur-Glenn 8-unit Portfolio

1814 & 1818 Glenn St SW Decatur, AL 35603

1814 & 1818 Glenn St SW, Decatur, AL, 35603
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$880,000
Last Verified:
Oct 19, 2024

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Highlights

  • - Two 4-plex buildings totaling 6,974 SF
  • - Recent 2023 updates and upgrades
  • - Some units offer granite countertops and new appliances
  • - Prime location near the Decatur Beltline
  • - Proximity to shopping and entertainment venues
  • - Durable brick construction for easy maintenance
  • - Renovated stairwells in 2023
  • - Professional management in place

Description

Presenting an exceptional opportunity in Decatur, AL, the Decatur-Glenn 8-unit Portfolio offers a meticulously maintained 6,974 SF, 2 four-plex buildings, total of 8 two-bedroom/one bath units with W/D hookups. Built in 1985 and recently renovated in 2023, this multifamily property boasts a 100% occupancy rate, promising immediate returns on investment. The property features upgraded amenities, such as new flooring, some granite countertops and new appliances, and fresh modern look ensuring modern comfort for residents. Its prime location near the Decatur Beltline provides convenient access to shopping and entertainment venues, while the brick construction and professionally managed maintenance offer both durability and ease. With recent updates including renovated stairwells and full occupancy, this portfolio stands as an attractive prospect for discerning investors seeking stability and value.

Situated in the vibrant Decatur market, the area surrounding the Decatur-Glenn 8-unit Portfolio is alive with convenience and allure. Residents benefit from a host of nearby amenities, including a range of dining and shopping options, entertainment venues, and recreational facilities. The location provides easy access to parks, schools, and healthcare services, offering residents a well-rounded lifestyle. Boasting a strong rental market and a flourishing economy, the area presents an enticing prospect for real estate investment. Nearby attractions such as the Cook's Natural Science Museum, Wheeler National Wildlife Refuge, and Point Mallard Park offer residents ample opportunities for leisure and exploration, adding to the area's desirability for potential investors.


Year Built: 1985
Building Size: 6974sq ft
Lot Size: 0.51 acres


Documents

Brochure

Map of 1814 & 1818 Glenn St SW, Decatur, AL, 35603

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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