2005 Morgan Avenue, Decatur, AL 35601
- $724,999
- List Price
- $724,999
- Status
- ACTIVE
- MLS#
- 21454574
- Year Built
- 1952
- Region
- Morgan County
Property Description
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. Positioned back-to-back with separate street frontage, this unique setup offers flexibility for investors and owner-occupants alike. 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 long-term tenant. The 5-unit complex is fully leased with established tenants, providing immediate and stable cash flow. NO SELLER'S FINANCING AVAILABLE Live in the home while generating income from the apartments, or rent all six units for maximum returns. Conveniently located in Decatur, one of North Alabama's fastest-growing cities, with easy access to the thriving Huntsville corridor, major employers, shopping, and dining. A rare income-producing property with strong occupancy and long-term growth potential.
Additional Information
- Floors
- Tile, Vinyl, Wall-to-Wall Carpet
- Cooling
- Central Control (COOL)
- Parking
- Assigned
- Construction
- Brick and Frame, Siding
- Water
- Public Water
- Elementary School
- West Decatur
- Middle School
- Decatur Middle School
- High School
- Decatur
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Listing courtesy of Goal Realty LLC.