Calling all investors - - with falling interest rates this property is earning more and more every time the rates drop. Don't miss this great investment opportunity. If you are looking to start your real estate investment portfolio or would like to add to your existing properties, this is a property with an excellent ROI. This four-plex is located within walking distance of downtown Huntsville. The building was completely renovated in 2012 with new plumbing, electrical, siding, roof, windows, doors, flooring, cabinetry, bathrooms and fixtures, and R60 insulation. New commercial boiler installed in July 2023. This property has four, one bedroom units with natural gas hot water radiators, separate hydro panels in each unit, modern kitchens, bathrooms, and finishes. The basement has coin-operated laundry and a separate storage space for the landlord. Plenty of parking, and nicely treed back and side yards for tenants to enjoy. Thie R4 zoning allows for development of townhouses in the future! A good mix of long-term and newer tenants, creating stability while also generating market value rents. All 4 units fully rented with excellent income. Please allow 24 hours notice for all showings. (id:36109)
Property Details
MLS® Number
40633515
Property Type
Multi-family
AmenitiesNearBy
Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures
High Traffic Area, Community Centre
Features
Paved Driveway, Laundry- Coin Operated, Sump Pump
ParkingSpaceTotal
6
Building
BathroomTotal
4
BedroomsTotal
4
Appliances
Window Coverings
BasementDevelopment
Partially Finished
BasementType
Partial (partially Finished)
CoolingType
None
ExteriorFinish
Vinyl Siding
FoundationType
Stone
StoriesTotal
2
SizeInterior
1780 Sqft
Type
Fourplex
UtilityWater
Municipal Water
Parking
Visitor Parking
Land
AccessType
Road Access
Acreage
No
LandAmenities
Golf Nearby, Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping