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Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Subdivision The Summit
MLS Listing ID 1321049
Sold Date 07/05/22
Bedrooms 8
Full Baths 4
Year Built 1980
Property Sub-Type Quadplex
Property Description
Fully occupied turn-key 4-plex that is easy to manage, perfect for a 1st time visitor. Take adv of the rapid appreciation in the Huntsville area. Each identical 800 sq. ft. unit has 2 beds, 1 bath, 1 living room, 1 kitchen, and 1 dining nook. They also have 1 linen closet in the hall, 1 coat closet in the living room, and one large storage closet on the balcony. 3 of the 4 units have been converted to section 8 housing to address the shortage in the quickly growing city of Huntsville. We have an amazing property manager that stayed on with us after the last owner sold us this property. There are 4 A/Cs. One is brand new. 2 are about 10 yrs old, and one is about 15 yrs old. Utilities paid by tenants, with separate meters.
Location
State AL
County Madison
Area Madison County
Interior
Heating Central w/Ind Ctrl(HEAT), Individual Units (HEAT)
Cooling Ceiling Fans, Central w/Ind Ctrl(COOL), Individual Units (COOL)
Flooring Vinyl
Exterior
Parking Features 1 Space per Unit
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Highlands
Middle Schools Huntsville
High Schools Huntsville
Others
Financing Conventional
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Bought with Capstone Realty