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828 NE Ryland Pike

Huntsville, AL 35811
  • $890,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 1840689
UPDATED: 46 min ago
$890,000
  • 0
    BEDS
  • 1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Proposed Construction-INVESTOR OPPORTUNITY / 10 MINUTES FROM DOWNTOWN HUNTSVILLE, AL This 4-plex is being offered pre-construction for investors, where they will be used as rentals. If an investor wanted the "upgraded" version and price difference, they can be built as condos where the investor could sell them or rent individually for a higher price. The upgraded version includes fireplaces and other amenities.Rate of return for the 4-plex as shown: Investor annual rate of return based upon a CASH purchase, before operating expenses, calculated at a monthly unit rental rate of $1,350.00 ($5,400.00) equates to 7.27%. AUGUSTUS can also manage

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ValleyMLS logo © 2023 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS 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 2023-09-27T09:27:31.537.
www.marmac.us/homes/142212006
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828 NE Ryland Pike Huntsville, AL 35811

  • Price: $890,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 46 min ago
  • MLS #: 1840689
0
Beds
0
Baths
0
½ Baths
1
Acres
Neighborhood:
Metes And Bounds
County:
Madison
Area:
Madison
Elementary School:
Central Elementary School
Middle School:
Central
High School:
Madison County
Property Description
Proposed Construction-INVESTOR OPPORTUNITY / 10 MINUTES FROM DOWNTOWN HUNTSVILLE, AL This 4-plex is being offered pre-construction for investors, where they will be used as rentals. If an investor wanted the "upgraded" version and price difference, they can be built as condos where the investor could sell them or rent individually for a higher price. The upgraded version includes fireplaces and other amenities.Rate of return for the 4-plex as shown: Investor annual rate of return based upon a CASH purchase, before operating expenses, calculated at a monthly unit rental rate of $1,350.00 ($5,400.00) equates to 7.27%. AUGUSTUS can also manage
Exterior Features

Exterior Features Balcony Parking Features DrivewayLightedOff Street Patio And Porch Features PatioCovered Deck

Interior Features

Appliances DishwasherRefrigeratorOven Building Area Total 5000 Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

City Limits No Property Condition Proposed Construction Property Sub Type Multi Family Sewer Septic Tank Water Source Public Zoning Description Multi FamilyUnzoned

Listing provided by Legend Realty: 256-428-3780.


ValleyMLS logo © 2023 ValleyMLS. All information provided is deemed reliable but is not guaranteed accurate by the MLS or MarMac Real Estate and should be independently verified. Listings marked with the ValleyMLS logo are provided courtesy of the ValleyMLS 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 2023-09-27T09:27:31.537.
 
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