1614 Somerville Rd SE
- 16,764 SF unique design offers lots of charm
- 8 two-bedroom/two-bath units
- 6 two-bedroom/one-bath units
- 2 one-bedroom/one-bath units
- Property taxes $12,485/yr.
- Insurance approx. $13,600/yr.
- Private courtyard setting offering patios and balconies
- Renovated with updates and upgrades
- Covered parking and ample additional off-street parking
- Impressive 100% occupancy
Property Description
Introducing an exceptional opportunity to purchase this unique and charming multifamily apartment complex in Decatur, AL. This 16-unit property at 1614 Somerville Rd SE features a 16,764 SF building, thoughtfully renovated with upgrades and updates, while preserving the unique design and charm. With a remarkable 100% occupancy rate and R-4 zoning, this investment offers immediate income in a prime location that offers potential for greater returns. A popular luxury amenity for tenants is the covered parking plus ample additional off-street parking. Don't miss the chance to add this well-maintained, high-performing property to your portfolio. Annual property taxes for 2026 are $12,485/yr. with insurance approx. $13,600/yr.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,440,000 |
| No. of Units: | 16 |
| Year Built: | 1974 |
| Lot Size: | 0.90 Acres |
| Opportunity Zone: | No |
| Price per unit: | $90,000 |
| Property Website | Click Here |
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