4009 Marie Avenue NW
- 6 studio apartments
- City-approved AirBnB and short-term rental use
- New roof in 2018
- New modern exterior design
- Updated and upgraded interiors
- 2,797 SF building
- Pro forma mid-term rental at $1,450/unit
Property Description
Introducing a compelling investment opportunity in Huntsville, Alabama. This property is zoned for AirBnB and short-term rentals which is a great option for this multifamily property as it is located less than a 1/2 mile from the University of Alabama in Huntsville, one of the largest university campuses in the nation. And, is less than 10 minutes to Redstone Arsenal and Research Park, two of the largest employers in north Alabama. This well maintained one-story property offers a total of six units within a 2,797 SF building, providing a solid foundation for consistent rental income. Most recently renovated in 2026, the property showcases modern updates and amenities, ensuring tenant satisfaction and long-term retention. Zoning allows for multifamily that includes short-term rental use, this versatile asset presents a range of potential opportunities for income generation. This turnkey investment promises immediate returns in a high-demand rental market. Excellent investment opportunity, 6 studio apartments, offers a current annual income of $56,820 plus a lucrative pro-forma opportunity can provide revenue increase for entrepreneur investors that offer short-term rentals, these beautiful modern interiors with fresh a new exterior with great curb appeal are eye-catching, an ideal floor plan offers a spacious living area, open kitchen, alcove for dedicated bedroom area, new roof in 2018, additional storage area that could be onsite laundry for additional income, convenient to all of Huntsville's most popular sites, Air-BnB and short-term rental is city approved. Pro forma opportunity! As the virtually staged listing shows a high interest for mid-term rentals at $1,450 per unit. Don't miss your chance to capitalize on this attractive multifamily property, perfectly positioned for a lucrative venture in the thriving Huntsville area.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $565,000 |
| No. of Units: | 6 |
| Year Built: | 1974 |
| Lot Size: | 0.34 Acres |
| Opportunity Zone: | No |
| Price per unit: | $94,167 |
| Property Website | Click Here |
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