828 Ne Ryland Pike Ne, Huntsville, AL 35811
- $890,000
- List Price
- $890,000
- MLS#
- 1840689
- Status
- ACTIVE
- Acres
- 1
- Lot Size
- 43,560
- County
- Madison
- Subdivision
- Metes And Bounds
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
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Additional Information
- Days on Market
- Unknown
- Appliances
- Dishwasher, Refrigerator, Oven
- Exterior Features
- Balcony
- Heating
- Central
- Elementary School
- Central Elementary School
- Middle School
- Central
- High School
- Madison County
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Listing courtesy of Legend Realty.
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