(Huntsville AL) 🏡 Calling All Investors: Turnkey 3-Bedroom In Huntsville Ready To Rent 💵

Madison County, Huntsville, AL, 35803
Sold
Listed at: October 19th, 2023
Price
$190,000
Sq. Footage
1280
Type
Single-Family
Parking
Attached Garage
Year build
1993
Lot size
0.17 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

🏡 Calling All Investors: Turnkey 3-Bedroom Huntsville Ready To Rent 💵


Located in a good, safe, and quiet neighborhood, this property is within a highly-rated school district and offers easy access to the Arsenal Base. The area features a mix of homeowners and rentals, with convenient proximity to Highway 231, allowing for a swift commute. The speed limit in the area ensures a peaceful environment for residents.


Property Overview:

  • Year Built: 1993
  • Square Footage: 1,280 sqft
  • Bedrooms: 3
  • Bathrooms: 2
  • 2 Car Garage

Property Details:

  • Original windows are in good shape.
  • HVAC system was updated just 4 years ago
  • The roof shingles were replaced 2 years ago.
  • Spacious living room with vaulted ceilings.
  • The kitchen features original but well-maintained wood brown cabinets, Formica countertops, and linoleum flooring. Black appliances have been updated since 1993.
  • The home's floors are predominantly carpeted, which needs replacement.
  • Bathrooms also have linoleum flooring and are in their original condition.
  • The HVAC system, just 4 years old, ensures a comfortable living environment.
  • The master bedroom and garage are located on the left side of the house, while the other two bedrooms are on the right side.

Tenant Situation:

  • The property currently has month-to-month tenants who have resided there since August 2019. The rent was not increased due to COVID-19, remaining at $1,000 per month, significantly below the market value, which now stands at $1,500.

Property Improvements Needed:

  • New carpet throughout.
  • The replacement of two wood boards on the front gables of the house.
  • The fence in the backyard needs to be replaced due to the presence of dogs.


ASKING PRICE: $190,000

Preferred Lender Link

Photo Link


COMPS

2525 Pioneer Rd SW, Huntsville, AL 35803 - SOLD $241K

3bd/2ba - 1,323 sqft


2410 Autumn Ridge Dr SW, Huntsville, AL 35803 - SOLD $247K

3bd/2ba - 1,337 sqft


14003 Sandhurst Dr SW, Huntsville, AL 35803 - RENT $1,595/mo

3bd/2ba - 1,187 sqft


2504 Pioneer Rd SW, Huntsville, AL 35803 - RENT $1,400/mo

4bd/1.5ba - 1,245 sqft


*PROPERTY WILL BE DELIVERED VACANT*

**PLEASE CALL TO SCHEDULE SHOWINGS**

*CLOSE OF ESCROW 12/04/2023*


Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Rashad King

No reviews

Disposition manager