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4128 Penny Street

Huntsville, AL 35805
  • $395,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 1828977
Price Reduced
UPDATED: 79 min ago
$395,000
  • 0
    BEDS
  • 0
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Welcome to an incredible real estate investment opportunity! This portfolio consists of four (3 renovated & leased, 1 under renovation) 2-bedroom, 1-bathroom apartments located just minutes away from the University of Alabama in Huntsville (UAH) and Redstone Arsenal. These units are perfect for students and military personnel looking for a convenient place to call home. The modern upgrades, including new flooring, appliances, and fixtures, make these apartments a standout option for renters in the area. With an estimated pro-forma annual income of $39,600, this investment offers a promising return.

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© 2023 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or The Cornerstone Real Estate Team | RE/MAX Unlimited and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-03-27T12:27:37.197.
www.cornerstoneteamal.com/homes/137463267
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4128 Penny Street Huntsville, AL 35805

  • Price: $395,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 79 min ago
  • MLS #: 1828977
0
Beds
0
Baths
0
½ Baths
0
Acres
Neighborhood:
Newson Penny
County:
Madison
Area:
Madison
Elementary School:
Ridgecrest
Middle School:
Morris
High School:
Columbia High
Property Description
Welcome to an incredible real estate investment opportunity! This portfolio consists of four (3 renovated & leased, 1 under renovation) 2-bedroom, 1-bathroom apartments located just minutes away from the University of Alabama in Huntsville (UAH) and Redstone Arsenal. These units are perfect for students and military personnel looking for a convenient place to call home. The modern upgrades, including new flooring, appliances, and fixtures, make these apartments a standout option for renters in the area. With an estimated pro-forma annual income of $39,600, this investment offers a promising return.
Exterior Features

Exterior Features Balcony Levels Two Parking Features Off StreetPrivate Patio And Porch Features Patio

Interior Features

Appliances DishwasherRefrigeratorOvenW/D Hookup Bedrooms In Unit2 2 Bedrooms Unit1 2 Bedrooms Unit3 2 Bedrooms Unit4 2 Building Area Total 3136 Cooling Central Air Cooling YN Yes Full Baths In Unit1 1 Full Baths In Unit2 1 Full Baths In Unit3 1 Full Baths In Unit4 1 Heating CentralElectric Heating YN Yes Sqft Unit2 784 Sqft Unit4 784

Property Features

City Limits Yes New Construction YN No Number Of Units Unit2 1 Number Of Units Unit3 1 Property Sub Type Multi Family Sewer Public Sewer Water Source Public Year Built Renovated 1

Listing provided by Keller Williams Realty: 256-519-7220.


© 2023 NALMLS, Inc. All information provided is deemed reliable but is not guaranteed accurate by the MLS or The Cornerstone Real Estate Team | RE/MAX Unlimited and should be independently verified. Listings marked with the NALMLS logo are provided courtesy of the North Alabama Real Estate Information Service, Inc. (NALMLS) IDX Database. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2023-03-27T12:27:37.197.
 
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The Cornerstone Real Estate Team | RE/MAX Unlimited
4205 Balmoral Drive, Suite 100
Huntsville AL, 35801