4425 Torrance Drive NW $357,000

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    4425 Torrance Drive NW Huntsville, AL 35816

    Closed
    SOLD 10/8/2021

    $357,000

    • 0 Beds
    • 0 Baths
    • 4,000 sq. ft.
    • Multi-Family
    • MLS# 1790069
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    Property Details

    Fabulous real estate investment. This property has renovations such as: 1 new HVAC system, fresh paint in some units, new lvp in all main areas on unit A & unit D, updated lighting fixtures, etc. The property still has room for some Capex Strategy & increase the rents to market value of $750-850 per unit. Currently Unit A rented for $750, B rented for $625, Unit C rents for $500, & Unit D rents for $695. Close to Mid City Development, UAH & Oakwood College, Highway 72, & I-565 Access.

    • General Features
      • Zoning Description Multi Family
      • Longitude -86.639248
      • Year Built 1984
      • Latitude 34.742503
      • Property Condition 26-35 Years
      • Property Sub Type Multi Family
      • New Construction Y/N false
      • County Or Parish MADISON
      • Subdivision Executive Hills
    • Building Features
      • Appliances Dishwasher, Electric Water Heater, Refrigerator, Oven
      • Cooling Central Air
      • Building Area Total 4000
      • Exterior Features Sidewalks
      • Cooling Y/N true
      • Gas None
      • Heating Central
      • Living Area Units Square Feet
      • Lot Size Dimensions 90 x 119 x 80 x 120
      • Lot Size Units Acres
    • Property Features
      • Number Of Buildings 1
      • Number Of Units Total 4
    • Schools
      • Middle School Mcnair
      • Elementary School Highland Elementary
      • High School Jemison

    Neighborhood

    35816 (Huntsville) Demographics

    28 Median Age
    2,631 Population Density (per sq. mile)
    37% College Educated
    $25,451 Estimated Median Income
    1,648 Estimated Total Home Owners
    4,974 Estimated Total Renters
    25% / 75% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    13,971 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $160,000 Median Sales Price
    11 Homes Sold
    8 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        10/8/2021 2:00:00 AM Sold Source: Multiple Listing Service New Value: $357,000
        9/10/2021 7:46:13 AM Status Changed Source: Multiple Listing Service New Value: Active Under Contract
        The data relating to real estate for sale on this web site comes in part from the IDX Programs of the Valley MLS. Real estate listings held by brokerage firms other than Ainsworth Real Estate LLC are marked with the IDX logo and detailed information about them includes the name of the listing office. All information is deemed reliable but not guaranteed.
        ©2021 Valley MLS. All rights reserved.


        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.