1614 Se Somerville Road, Decatur, AL 35601

$1,595,000

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List Price
$1,595,000
MLS#
21926730
Status
ACTIVE
Acres
0.90
Lot Size
39,204
County
Morgan
Subdivision
Fairview Land Company

Property Description

16-unit apartment complex offers covered parking plus ample additional off-street parking. Introducing an exceptional opportunity to purchase this unique and charming multifamily apartment complex in Decatur, AL large apartments, thoughtfully renovated with upgrades and updates, while preserving the unique design and charm. With a remarkable 100% occupancy rate and R-4 zoning, this investment offers immediate income in a prime location that offers potential for greater returns. Don't miss the chance to add this well-maintained, high-performing property to your portfolio. some photos were taken prior to lease up, some are virtually staged.

Additional Information

Days on Market
1
Appliances
Oven, Refrigerator, Dishwasher, W/D Hookup, Electric Water Heater
Heating
Central, Varies by Unit, Electric
Elementary School
Walter Jackson
Middle School
Decatur
High School
Decatur

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Gateway Al Realty Group LLC.

Listing data is derived in whole or in part from NALMLS and is for consumers' personal, non-commercial use only. All data should be independently verified..

This 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. Data is deemed reliable but not guaranteed.