201 8TH AVENUE SW

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201 8TH AVENUE SW

DECATUR, AL 35601
Asking Price
$400K
Cap Rate
8.38%
Asset Type
Apartment Building Multifamily
Class
Class B

What's Special

Multifamily | 4 Units | $100,000/unit <h3>Property Highlights</h3><ul><li>​Four-unit multifamily investment property</li><li>​(4) 2 Bed / 1 Bath units</li><li>​Fully occupied with immediate cash flow</li><li>​Updated kitchens and vinyl plank flooring</li><li>​Ample front and rear off-street parking</li><li>​Fenced backyard for tenant enjoyment</li><li>​Large rear deck overlooking the yard</li><li>​Additional tenant storage space</li><li>​Well-maintained property with strong rental appeal</li><li>​Convenient location near shopping, d

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.977
Annual Cash Flow
$56,252.278

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