1690 Beltline Road A And B: Home For Sale In Metes And Bounds, Decatur | MLS® #1788896

1690 Beltline Road A And B, Decatur, 35601

Business Opportunity - COMMERCIAL For Sale in Metes And Bounds

$1,200,000

Beds
Baths
SQFT
.86Acres
1992Built

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Listing Summary

This gorgeous home for sale in Metes And Bounds was built in 1992 and features 0 bedrooms, bathrooms and is built in the beautiful style. Listed at only $1,200,000, this 0 square foot residence can be your perfect piece of the Decatur real estate market.

Agent Notes

4.0 cap rate. 20% cash-on-cash annual return @ 20% down. Low overhead, minimal maintenance. Approx $75K gross, $63K NOI. UNDER-RENTED by approx 20%. Rented @ $1.05/sq.ft./month or $12.5/yr. New leases marketing @ $14-$19/sq.ft./yr. Substantial parking. New roof. New fencing being installed around dumpster. New fencing on NW property line separating business from neighboring residential. HVAC recently updated.

Activity for 1690 Beltline Road A And B, Decatur, 35601
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Essential Information
MLS® #: 1788896Price: $1,200,000
Bathrooms: 0.00Acres: 0.86
Year Built: 1992Type: Business Opportunity
Sub-Type: COMMERCIALStatus: Active
Days on Website: 61
Community Information
Address: 1690 Beltline Road A And BSubdivision: Metes And Bounds
City: DecaturCounty: MORGAN
State: ALZip Code: 35601
Amenities
Parking: Asphalt, Private
Interior
Heating: ElectricCooling: Central Air
Stories: One
Exterior
Exterior Features: Curb/Gutters, Irrigation, Lighting, SidewalksLot Description: High Visibility
Roof: MembraneFoundation: Concrete Perimeter, Slab
Additional Information
Listing Office: Leading Edge R.E. Group-Mad.Zoning: Business,Commercial

Homes Values for Decatur

Average Sale Price

$195K

Compared to 2021: 0%

Average Price per SqFt

$94.9

Compared to 2021: 0%

New Listings

82

Compared to 2021: 0%

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Properties marked with the NALMLS icon are provided courtesy of the North Alabama Multiple Listing Service, Inc. (NALMLS) IDX Database. All information provided is deemed reliable but is not guaranteed and should be independently verified. Copyright NALMLS, Inc.

Listing information last updated on October 19th, 2021 at 12:33am CDT.