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1816 Glenn Road

Decatur, AL 35603
  • $425,000
  • STATUS: Active
  • ON SITE: 53 Days
  • MLS #: 21394353
UPDATED: 36 min ago
$425,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1986
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Tortorigi Properties, Inc..
© 2024 Greater Alabama MLS.



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

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or The Fred Smith Group | RealtySouth. Data last updated: 2024-10-04T23:30:38.583.

www.fredsmithgroup.com/homes/153593419
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1816 Glenn Road Decatur, AL 35603

  • Price: $425,000
  • Status: Active
  • On Site: 53 Days
  • Updated: 36 min ago
  • MLS #: 21394353
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1986
Built
Neighborhood:
None
County:
Morgan
Area:
Morgan County
Elementary School:
Danville-Neel
Middle School:
Hartselle
High School:
Hartselle
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
Exterior Features

Multifamily Property Type Quadplex

Interior Features

Cooling Central Control (COOL) Floors VinylWall-to-Wall Carpet Foundation Crawl Space Heating Central w/Ind Ctrl(HEAT) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction Brick and Frame Expense Term Per Year Expenses 0 Financing CashConventional Miscellaneous None/Other Sales Type As Is Sewer Septic Connected Tenant Pays All Utilities (TENANT)Cable/TV Connect (TENANT)Electric (TENANT) Type One Features DishwasherEating Area-KitchenRefrigeratorStoveWasher/Dryer Connection Type One Units 3 Water Public Water Water Heater Electric (WTRHTR) Year Built Desc Existing

Listing provided by Tortorigi Properties, Inc.: (205) 243-4667.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or The Fred Smith Group | RealtySouth. Data last updated: 2024-10-04T23:30:38.583.

 
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The Fred Smith Group | RealtySouth
105 Euclid Avenue
Birmingham AL, 35213
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Tortorigi Properties, Inc..
© 2024 Greater Alabama MLS.