$425,000
1816 GLENN ROAD Decatur, AL 35603
5
See all 5 photos
$425,000
Est. payment /mo
2 BD
1 BA
Active
1816 GLENN ROAD Decatur, AL 35603
UPDATED:
10/26/2024 12:14 AM
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 21394353
Bedrooms 2
Full Baths 1
Year Built 1986
Property Description
This portfolio consists of three (3) Quadplexes, each with two bedroom/1bath units. All three properties are professionally managed and have had upgrades. These 3 properties are being sold only as a package AS IS" No showings until offer is accepted and proof of funds. Showings only during inspection period. The properties are owner managed and are well maintained. Current rents are well below the market rents making this value- The portfolio includes 1816 Glenn Street, 1803 Graymont Lane, and 1809 Windover Plan, Decatur, AL. Rent roll and expenses are in photos. REFER TO Photos for information on all 3 buildings. Total Price $1,299,000. Current T-12 5% CAP rate
Location
State AL
County Morgan
Area Morgan County
Interior
Heating Central w/Ind Ctrl(HEAT)
Cooling Central Control (COOL)
Flooring Vinyl, Wall-to-Wall Carpet
Exterior
Garage 2 Spaces per Unit
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Danville-Neel
Middle Schools Hartselle
High Schools Hartselle
Others
Financing Cash,Conventional
Listed by Tortorigi Properties, Inc.
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