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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1614 SE Somerville Road in Decatur, AL is listed for $1,680,000 ($100 per sqft). the home offers 16,764 sqft of living space on a 0.90 acres lot.
16-unit apartment complex includes 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 93.8% 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. Photos were taken prior to lease up, some are virtually staged.
Key Features
- 0.90 acre lot
- 2 stories
- 32 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$8,985/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1614 SE Somerville Road
Decatur, AL 35601
Fairview Land Company
Features & Amenities
Exterior Features
Property Details
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1614 SE Somerville Road is listed at $1,680,000 ($100/sqft). The estimated monthly payment is $7,280 based on 20% down at 6.5% interest.
Key features include: 0.90 acre lot, 2 stories, 32 parking spaces. Exterior Features: Sidewalks.
This property is listed by Len Johnson and can be reached at 2565092078.