1006 Lee Dr Huntsville, AL 35816
- Residential income homes
- 1,500 SF
- 0.50 lot acres
Current Use by Public Records
- Residential income homes
Property Details for 1006 Lee Dr
- Lot size
- 0.50 lot acres
- Property size
- 1,500 SF
- Property type
- Residential income homes
Description
This Huntsville, Alabama duplex presents a compelling investment opportunity. Located at 1006 Lee Dr NW, this stabilized, Class B multifamily property boasts two units, each offering 750 square feet of living space. Each unit features two bedrooms, one bathroom, a kitchen, and a living area, complemented by a fenced backyard. The property sits on a half-acre lot and includes a brick building, concrete driveway, and two parking spaces per unit. Built in 2020, this property benefits from recent renovations and enjoys 100% occupancy. Its prime location in Northwest Huntsville offers proximity to Oakwood University, Alabama A&M University, and numerous shopping and entertainment options. The total square footage is 1,500 square feet. Owner financing is available with a 20-30% down payment. This is an excellent opportunity to acquire a well-maintained, income-producing asset in a desirable location. The property is individually owned and is not subject to a ground lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Huntsville
- County
- Madison
- State
- Alabama
- Longitude
- -86.603024815395
- Latitude
- 34.732634975556
