2005 MORGAN AVENUE SW, Decatur, AL 35601
2005 MORGAN AVENUE SW, Decatur, AL 35601
2005 MORGAN AVENUE SW, Decatur, AL 35601
2005 MORGAN AVENUE SW, Decatur, AL 35601
2005 MORGAN AVENUE SW, Decatur, AL 35601
2005 MORGAN AVENUE SW, Decatur, AL 35601
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Kirk Pownall

Kirk Pownall

+1(205) 222-8966
$ 649,900
Est. payment | /mo

5 Beds

3 Baths

Save Virtual Tour
$ 649,900
Est. payment | /mo
Save Virtual Tour

5 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21454574

Bedrooms 5

Full Baths 3

Year Built 1952

Property Sub-Type Apartment

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.

Location

State AL

County Morgan

Area Morgan County

Interior

Heating Central Control (HEAT)

Cooling Central Control (COOL)

Flooring Tile, Vinyl, Wall-to-Wall Carpet

Exterior

Parking Features Assigned

Building

Foundation Slab

Sewer Connected

Water Public Water

Schools

Elementary Schools West Decatur

Middle Schools Decatur Middle School

High Schools Decatur

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/bham/21454574

Listed by Goal Realty LLC

Nearby Locations

Kirk Pownall

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(205) 222-8966

teampownall@gmail.com

1 Chase Corporate Center Suite 400, Hoover, Alabama 35244, USA

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2005 MORGAN AVENUE SW