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217 & 223 8th Street 2 Multifamily Properties Offered at $2,596,690 CAD in Decatur, AL
Investment Highlights
- Four 6-unit buildings for a total of 24 units
- Modern kitchen and bath upgrades and updates in 2025
- Flooring upgrades and updates include in 2025 that include some LVP
- 24 units priced at $80,208/unit
- All units have Washer/Dryer hookups
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) |
|---|---|
| Gross Rental Income |
-
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
-
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | - |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $2,596,690 CAD | Number of Properties | 2 |
| Price / SF | $138.91 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.58% | Total Building Size | 18,693 SF |
| Sale Type | Investment | Total Land Area | 1.08 AC |
| Status | Active |
| Price | $2,596,690 CAD |
| Price / SF | $138.91 CAD / SF |
| Cap Rate | 6.58% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 18,693 SF |
| Total Land Area | 1.08 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 223 & 225 8th St SW, Decatur, AL 35601 | Multifamily | 11,177 SF | 1980 | - |
| 217 & 219 8th St SW, Decatur, AL 35601 | Multifamily | 7,516 SF | 1984 | - |
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217 & 223 8th Street
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