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For Sale, Huntsville Alabama, Investment Property, 4-plex, 13 Homes For Sale, Land

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Real Estate Agent with Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL

 

For Sale, Huntsville Alabama, Investment Property, 4-plex, 13 Homes For Sale, Land

The current owners purchased these properties in areas of Huntsville Alabama that they felt had a strong potential for future appreciation and growth.  Some properties were sold to tenants over the years and now wanting to develop or pursue other ventures the owners are selling as a package or individually the 4-plex, 13 homes and land.

The 4-plex and 13 homes for sale are 100% occupied.  Current rents are $475 to $700 and homes are listed for sale between $39,000 $53,000.  All leases will transfer to the new owners and some homes have assumable loans through local lenders...that could have the benefit of lower closing costs and down payment.

The land for sale is in a prime location between Madison Alabama and Huntsville Alabama and is actually considered in the county.  It has a well and 200' of frontage, cleared and level on a highly traveled well known road with 11,000 to 15,000 traffic.  Later I'll post about the individual homes for sale, but if you don't want to wait the please contact me now.  My cell is 256 230-5933 or you may reach me by email: nick@nicktpappas.comyou may at your leisure perform your own property search for all Northern Alabama Homes

For Sale, Huntsville Alabama, Investment Property, 4-plex, 13 Homes For Sale, Land

Nick T Pappas

If you need a knowledgeable real estate professional in Madison Alabama or Huntsville Alabama area, why don't you let me Google that for you! I also know outstanding agents in all states and Canada should you need help relocating to a new area.

 

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Comments(5)

Sergio Rebollo Jr.
Real Estate TeamMates - Miami, FL

Hello Nick...good luck with your listings. They all seem like a great buy!!  I hope you find the Buyers you need.

Jun 25, 2011 12:54 PM
George Souto
George Souto NMLS #65149 FHA, CHFA, VA Mortgages - Middletown, CT
Your Connecticut Mortgage Expert

Nick those are very affordable.  I would think that at those prices they should sell very quickly.

Jun 25, 2011 02:00 PM
Jackie Connelly-Fornuff
Douglas Elliman Real Estate in Babylon NY - Babylon, NY
"Moving at The Speed of YOU!"

Hi Nick, sounds like a great opportunity! I am sure they will sell quickly.

Jun 26, 2011 12:09 AM
The Scott Loper Team Bux-Mont Premier Properties
Keller Williams Real Estate - Montgomeryville - Lansdale, PA

Hi Nick,

Sounds like a great opportunity for someone looking for rental units - 17 at once and all rented.  Are they all close or next to each other or spread out?

Lisa

Jun 26, 2011 01:44 AM
Nick T Pappas
Assoc. Broker ABR, CRS, SFR, e-Pro, @Homes Realty Group, Broker/Providence Property Mgmnt, LLC Huntsville AL - Huntsville, AL
Madison & Huntsville Alabama Real Estate Resource

Sergio-thank you and I do think they are priced right.  The land is an outstanding opportunity to buy in the Madison area...not a lot of land left.

George-I think they're a bargain and generating positive cash flow!

Thanks Jackie-are you staying busy up your way??

Lisa-that's the real plus here...100% occupancy.

Jun 26, 2011 06:57 AM