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2005 MORGAN AVENUE SW
Decatur, AL 35601
Asking Price
$725K
Cap Rate
6.57%
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6.57% CAP | 5 Units <ul><li>Exceptional Investment Opportunity in Decatur! Rare chance to own a 3-bedroom, 2-bath home with a 2-car garage plus a fully occupied 5-unit apartment complex on the same property</li><li>Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike</li><li>The approximately 1,600 sq. ft. home is well maintained and features updated flooring, a covered patio, private backyard, long driveway, hot tub, and a reliable l
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NOI
$80,000
Cap Rate
11.03%
DSCR
1.86
Strong
Cash-on-Cash
16.99%
Monthly Payment
$3,586.899
Annual Cash Flow
$36,957.206
