HIGHEST & BEST REQUESTED BY 7/10/2026 NO SHOWINGS W/O UPDATED POF ALL UNITS ARE RENTED. All units were fully updated as of March 2024! EVERYTHING NEW. AC. ELECTRIC. PLUMBING. FLOORS. APPLIANCES. LIGHTING. HOA = $250/mo [ this includes ALL 4 UNITS in the BUILDING ] its $250 per building RARE investment opportunity in the established Belvedere Park neighborhood of Decatur. This fully rented apartment building features updated 2-bedroom, 1-bath units, each with laundry closets and eat-in kitchens. All units were fully updated as of March 2024 with new finishes and major improvements throughout, offering investors a clean, turnkey income-producing asset. This rent-producing property features an interior covered foyer that provides interior access to all units, adding privacy and convenience for residents. Lower-level units also enjoy access to a covered rear patio area. With all units currently leased, this is a strong opportunity for an investor seeking immediate rental income in a growing Decatur location. Ideally situated near restaurants, grocery options, public transportation, and downtown Decatur, the property also benefits from nearby new construction and continued neighborhood growth. A well-positioned multifamily asset with updated interiors, stable occupancy, and long-term upside in the Belvedere Park market.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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