Courtesy: Gateway AL Realty Group LLC
256-429-9360
PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and 202 Somerville Road in Decatur Alabama. No showings until under contract. Please do not disturb the tenants. Tenants pay electric, the owner pays water, and trash.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
PORTFOLIO SALE ONLY: This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and 202 Somerville Road in Decatur Alabama. No showings until under contract. Please do not disturb the tenants. Tenants pay electric, owner pays water/sewer, trash.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
PORTFOLIO SALE ONLY: 100% occupied. This is an estate sale, not available individually. There are three 4-plexes and one duplex making a 14-unit portfolio with package price of $1,550,000. All properties are occupied or rent ready and in good condition, no deferred maintenance, located conveniently near shopping and restaurants. Package includes four addresses: 1816 Glenn Street, 1803 Graymont Lane, 1809 Windover Place, and 202 Somerville Road in Decatur Alabama. No showings until under contract. Please do not disturb the tenants. Tenants pay electric, the owner pays water.
Courtesy: MarMac Real Estate
256-250-6009
• 8-unit apartment complex in downtown Decatur. • 5- 2 bedroom 1 bath units • 3-1-bedroom 1 bath units • One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof • Corner lot at the intersection of Lafayette ST and Well ST • Electricity recently updated each unit has a new breaker box • All units have heating and cooling • 10 on-site parking spaces with extra on-street parking available
Courtesy: Tortorigi Properties, Inc.
Jerry Tortorigi
Fully leased at $1100/ unit/mo. Restaurants shopping nearby, great investment income. At present 6% Cap rate
Courtesy: Gateway AL Realty Group LLC
256-429-9360
This property has four 2-bedroom units with W/D hookups. Do not disturb the tenants, showings after executed contract, pre-approval and proof of funds required with all offers. Beautiful location, great neighborhood. Convenient to work and shopping. Tenants pay water/sewer/trash/electric. Beautiful granite countertops in renovated units.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
Please do not disturb tenants. Tenants pay trash and electric. Owner pays water/sewer, lawn care, maintenance. Additional properties located at 1203 North Street and 2005 Morgan Avenue, Decatur, AL can be purchased as a portfolio with 14-units. Rent rolls are available under documents. In 2022 this property was renovated with updates and upgrades such as modern paint decor, new LED light fixtures, new brushed nickel door knobs and cabinet hardware, some units received granite counter-tops in kitchen and bath, new stainless kitchen appliance package, new LVP in the main rooms, and new carpet in bedrooms.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
PORTFOLIO AVAILABLE: This property is for sale individually or as a multifamily portfolio that includes: 2005 Morgan Avenue has one 3-bedroom single-family rental house and a 5-unit apartment building located on the same lot, 1221 Grant Street has four 2-bedroom units, 1203 North Street has 4 two-bedroom units, and 201 8th Avenue has 4 two-bedroom units, portfolio price is $2,000,000. All properties are in great locations and have received recent improvements and upgrades. Most units have LVP flooring and some units have granite countertops.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
This property includes a single-family residence and a 5-unit apartment building. Excellent opportunity to begin a profitable real estate portfolio. Property is well maintained and includes recent renovations. An additional 4-unit property also available at 201 8th Avenue, Decatur, AL for additional $425,000.
Courtesy: Gateway AL Realty Group LLC
256-429-9360
PORTFOLIO AVAILABLE: This property is available individually or as a package that includes two 4-plex apartment buildings 1814 and 1818 Glenn Street, Decatur, AL for $880,000. All units are 2-bedroom/1-bath, with laundry hookups, some updated units include granite countertops. Please request financials by email. No showings without executed contract. Preapproval and proof of funds required with offers.
Decatur is located in Alabama. Decatur, Alabama has a population of 57,303. Decatur is less family-centric than the surrounding county with 25.59% of the households containing married families with children. The county average for households married with children is 28.38%.
The median household income in Decatur, Alabama is $52,539. The median household income for the surrounding county is $56,128 compared to the national median of $69,021. The median age of people living in Decatur is 40.6 years.
The average high temperature in July is 89.4 degrees, with an average low temperature in January of 30.2 degrees. The average rainfall is approximately 53.6 inches per year, with 1.5 inches of snow per year.
