Single-family rental plus a 5-unit multifamily

2005 Morgan Avenue Southwest Decatur, AL 35601

2005 Morgan Avenue Southwest, Decatur, AL, 35601
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$735,000
Last Verified:
Dec 11, 2024

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Highlights

  • - Two Units have new HVACS from 2020 and 2021
  • - Recently renovated units
  • - Convenient to Decatur shopping and restaurants
  • - Can be purchased as a portfolio with 10 rental units

Description

This investment property features one single family house plus a 5-unit multifamily building. In place rental income. Opportunity to purchase a home with rental property. Can be purchased with another 4-plex apartment building located at 201 8th Avenue, Decatur, AL for additional $425,000.

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.


Year Built: 1984
Building Size: 5854sq ft
Lot Size: 0.35 acres


Documents

Brochure

Map of 2005 Morgan Avenue Southwest, Decatur, AL, 35601

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