Updated Duplex Investment
127 Aurora Drive Huntsville, AL 35811
New
127 Aurora Drive, Huntsville, AL, 35811
$325,000
For Sale
$325,000
Updated duplex with new flooring and paint in Unit B, offered for sale as residential income property.
Property Size2,744 SF
Price / SF$118.44
Days on Market6
Property Features for 127 Aurora Drive
General Information
- Standard status
- Active
- Size
- 2,744 SF
- Property subtype
- Multi Family Home
Listing agency
Crue Realty
(256) 428-3780
Listed by
Caitlin Lisenbee · License #106113
(256) 428-3780
Source
Alabamaland
Added: Jul 17 Updated: Jul 21 at 3:58AM Checked: Jul 22 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crue Realty
Investment Insights
Based on property information with market context.
This updated duplex is offered for sale as a residential income property. The property features new flooring and paint in Unit B.
The offering includes the full duplex at 127 Aurora Drive, Huntsville, AL 35811.
As presented, the key interior improvements include refreshed finishes in Unit B.
The offering includes the full duplex at 127 Aurora Drive, Huntsville, AL 35811.
As presented, the key interior improvements include refreshed finishes in Unit B.
Key Highlights
- Updated duplex offered for sale as a residential income property
- Unit B features new flooring and new paint
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $12.60 |
| − Vacancy | −$6.0k | −$2.18 |
| EGI | $28.6k | $10.42 |
| − OpEx | −$8.6k | −$3.13 |
| NOI | $20.0k | $7.30 |
2,744 SF · lease $12.60/SF/yr · vacancy 17.29% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$286.0K
$250.2K – $333.6K
NOI $20,018 @ 7.0% cap · market cap 6.16%
Second Best
Apartment 5plus
$247.6K
$216.7K – $288.9K
NOI $17,333 @ 7.0% cap · market cap 5.33%
Theoretical Best
Office A
$714.5K
$625.2K – $833.6K
NOI $50,018 @ 7.0% cap · market cap 15.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Updated duplex with new flooring and paint in Unit B, offered for sale as residential income property.
Where is this duplex located?
The property is located at 127 Aurora Drive Huntsville, AL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Updated duplex offered for sale as a residential income property; Unit B features new flooring and new paint
