9 WEST

Home Details

Description

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:39198)

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Additional media

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Property taxes

$3,980.00 per year / $331.67 per month

Basement

Partially finished, Partial

Year build

-

Type

Multi-family

Bedrooms

4

Bathrooms

4

Parking spots

6 Total

Floor

-

Balcony

-

Pool

-

External material

Vinyl siding

Roof type

-

Lot frontage

-

Lot depth

-

Heating

-

Fire place(s)

-