County Road 445, Killen, AL 35645
FOR SALE7.87 ACRES

County Road 445
Killen, AL 35645

  • Studio
  • Studio

$1,170,000

Est. Mortgage $6,691/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

GREAT INVESTMENT OPPORTUNITY just outside of Huntsville, AL, a thriving hub for economic growth! This well maintained and partially updated multi-family property offers an incredible opportunity for investors seeking a solid return. Property features 9 duplexes with a total of 18 units on 7.87 acres. This property has undergone significant updates based on valuable feedback from previous listing. Some of the units have been tastefully renovated, attracting new tenants at a higher rent rate. Some units have yet to undergo a refresh as they are currently occupied, providing immediate rental income. The recent rental income for February 2024 exceeded $7,800, demonstrating the future cash flow potential of this investment. Investors will appreciate the opportunity to capitalize on the strong rental demand in the area, coupled with the potential for future appreciation. Buyer to verify all information. NDA required to access financial information. Showings with accepted offer.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Contact Manager
HOA
None
Price/Sqft
No Info
Listed
63 days ago

Home Details for County Road 445

Exterior Features

Frontage
Not on Waterfront
Water & Sewer
Sewer: Shared Septic

Days on Market

Days on Market: 63

Property Information

Year Built
Year Built: 1991
Property Type / Style
Property Type: Multi FamilyProperty Subtype: Multi Family
Property Information
Parcel Number: 1706230001076.010

Price & Status

Price
List Price: $1,170,000

Active Status

MLS Status: Active

Location

Direction & Address
City: KillenCommunity: Killen/Center Star
School Information
Elementary School: CountyJr High / Middle School: CountyHigh School: County

Agent Information

Listing Agent
Listing ID: 515090

HOA

No HOA

Lot Information

Lot Area: 7.87 Acres

Miscellaneous

Mls Number: 515090
Last check for updates: about 21 hours ago
Listing courtesy of Merry Realty LLC
Source: Strategic MLS Alliance, MLS#515090

Price History for County Road 445

DatePriceEventSource
02/23/2024$1,170,000Listed For SaleStrategic MLS Alliance #515090
03/28/2023ListingRemovedStrategic MLS Alliance #509613
02/15/2023$1,080,000Listed For SaleStrategic MLS Alliance #509613

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Comparable Sales for County Road 445

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.72
Multi-Family Home
$325,000
07/14/23
-
-

What Locals Say about Killen

  • Mary L. O.
    "There is plenty of open land in this area and a large park with walking trails that can be used for dogs. "
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LGBTQ Local Legal Protections

Merry Realty LLC
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
County Road 445, Killen, AL 35645 is a studio multi-family built in 1991. This property is currently available for sale and was listed by Strategic MLS Alliance on Feb 23, 2024. The MLS # for this home is MLS# 515090.