Downtown Multi-family complex
$799,000
422 Lafayette Street Northeast, Decatur, AL 35601
For Sale
Multifamily
Duplex / Triplex / Fourplex
Active
Last Updated: 02/04/2025
7,600 sqft
Building Size
14,520 sqft
Lot Area
Details:
Building Size: 7,600 sqft
Lot Area: 14,520 sqft
Occupancy: 60%
Class: C
Units: 8
Year Built: 1899
Floors: 2
Parking Spots: 10
Highlights:
- Walking distance to thriving downtown
- Walking distance to the Alabama Center for the arts - potential student housing
Description:
MULTI FAMILY OPPORTUNITY IN DOWNTOWN DECATUR
• 8-unit apartment complex in downtown Decatur. – ALL UNITS ARE LEASED
• 5- 2 bedroom 1 bath units
• 3-1-bedroom 1 bath units
• One building is 3,878+/- SQ FT and one is 3,776 +/- SQ FT fully brick with shingle roof
• Corner lot at the intersection of Lafayette ST and Well ST
• Electricity recently updated each unit has a new breaker box
• All units have heating and cooling
• 10 on-site parking spaces with extra on-street parking available
Documents:
| Title | ||
|---|---|---|
|
LAFAYETTE_AND_WELL_flyer.pdf
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
