1335 16th SE St, Cullman, AL 35055
Multi-Unit (2-4), A-frame,Duplex - Cullman, AL
- Added:
- Mar 2, 2026
- Days on Market:
- 103
- Last Refresh:
- Jun 13 at 2:06 pm
Property Features for 1335 16th SE St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking features
- Garage
- Standard status
- Active
- APN
- 000000-000.000-0000-014.000
- Size
- 2,400 SF
- Lot size
- 0.44 Acres
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1988
- Year renovated
- 1988
- Floors in Building
- 1
- Flooring type
- Carpet
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Tony Giglio (855) 573-3021
Listing office Top Brokerage LLC 1050 Crown Pointe Parkway, Atlanta, AL (855) 573-3021
Listing date Mar 2, 2026
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey, fully renovated duplex.
- Strong rental income potential (approximately $1,500 per unit).
- Ideal for owner‑occupant or investor.
- Brand‑new kitchen appliances and modern finishes.
- Move‑in ready with minimal maintenance.
- Convenient location near schools, shopping, and amenities.
Overview
Located in Southeast Cullman, the duplex sits on a 0.44-acre lot and is identified at 1335 16th SE St. The listing notes convenience to nearby schools, shopping, and local amenities, which can simplify everyday living for tenants or an owner-occupant.
For buyers seeking a practical live-and-rent arrangement, the layout supports occupying one unit while leasing the other. Investors may also consider the property as an income-producing duplex given that it is two independent updated units. At a stated 2,400 square feet, this is a compact, self-contained multifamily option where operational simplicity and maintenance focus are central to the renovation-driven presentation. Please note that all income and performance commentary should be validated independently; the property is presented as move-in ready with new interior upgrades.
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 | $21.6k | $9.00 |
| − Vacancy | −$1.4k | −$0.59 |
| EGI | $20.2k | $8.42 |
| − OpEx | −$6.1k | −$2.52 |
| NOI | $14.1k | $5.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cullman
- County
- Cullman
- State
- Alabama
- Longitude
- -86.82704
- Latitude
- 34.162596
