1122 Wellman Ave NE,  Huntsville, AL 35801
    Status:Active
    Price:$ 1,075,000
    Beds:2
    Baths:2 Baths (1 F, 1 H)
    Type:Multi-Family
    Size:3,650 ft²
    Lot Size:11,360 ft²

    Historic 5 Points 4-Plex

    Features
    • 4 units
    • 2 Bedroom, 1 Bathroom
    • All new Appliances including Washer/Dryer
    • All new Whirlpool Stainless Steel Appliances
    • Totally new throughout, HVAC, ELEC. PLUMBING, WALLS, FLOORING
    Remarks

    For Sale: Luxury Condo in Five Points Historic District, Huntsville

     Location: Five Points Historic District, Huntsville.

     Property Type: 2-bedroom, 1-bathroom Condo.

     Size: 830 square feet per unit.

     Recent Renovations: Completed in October 2023.

     Highlights:

    Unique luxury condo complex in a prime location.

    Close proximity (2 miles or less) to key Huntsville attractions: Huntsville Hospital, Central Huntsville, Von Braun Center, shops, restaurants, and Big Spring Park.

    Meticulous renovation ensuring a blend of historic charm and modern amenities.

    Historic Society and Huntsville City-approved plans and craftsmanship.

    Original 1945 structure with concrete interior walls for enhanced safety.

    Comprehensive updates: Plumbing, Electric, HVAC, Windows, Walls, Paint, Flooring, Granite Counters, Roof, Cabinets, etc.

     Amenities:

    Covered parking Carport with storage and covered breezeway.

    Property measurements verified by professional appraisal.

     Act Fast!

    Opportunities like this are rare. Don't miss out! Call the owner today to schedule a viewing.

    General Information
    Zoning:
    R-1C
    School District:
    Huntsville
    Cross Street:
    Lacy
    Probate Sale:
    no
    APN:
    1-4
    Annual Property Tax:
    $1,400
    HOA Dues:
    0
    County:
    Madison
    Subdivision:
    Five Points
    View:
    Call owner
    Miscellaneous:
    Updated to New Code
    Building Details
    Year Built:
    Rebuilt 2024
    # of Stories:
    2
    Roof Type:
    Shingles
    Style:
    Traditional
    Heating/Ventilation:
    HVAC
    Air Conditioning:
    yes NEW
    Fireplace:
    0
    Sewer:
    Public
    Water:
    public
    Foundation:
    Concrete
    Garage:
    yes
    Exterior:
    Concrete
    Flooring:
    Luxury Vinyl & Tile
    Pool:
    no
    Basement:
    no
    Rooms:
    5
    Commercial Details
    Cap Rate:
    8-9%
    Annual Gross Income:
    $91,000
    Zoning:
    R 1 C
    Annual Operating Expense:
    5-10%
    Annual Net Income:
    Aprox. $86,000
    # of Units:
    4
    Unit Rental Price Range:
    $1,800-$2,500
    Amenities
    • Alarm System
    • Carport
    • Central A/C
    • Central Heat
    • Covered Parking
    • Dishwasher
    • Dryer
    • Garbage Disposal
    • Granite Counter Tops
    • Landscaped Back Yard
    • Landscaped Front Yard
    • Lawn
    • Microwave
    • New Construction
    • New Interior Paint
    • New Roof
    • Offstreet Parking
    • Historic District
    • Granite Counters
    • Patio
    • Refrigerator
    • Remodeled Bath
    • Remodeled Kitchen
    • Remodeled Throughout
    • Smoke Detectors
    • Stainless Steel Appliances
    • Storage Shed
    • Stove
    • Tile Floors
    • Triple Pane Windows
    • Washer
    • Washer/Dryer
    • Window Treatments
    Mortgage Calculator
    Price:
    Rate:
    %
    Down Payment:
    %
    Terms (in Years):
    Monthly Payment:
    Payment Estimator

    *Rates for May 2024. Information displayed is accurate as of the date of the latest update and is subject to change without notice. Loan pricing can only be locked through a home mortgage consultant. Other restrictions may apply. The Rate/APR and other terms may vary from those displayed based on the creditworthiness of the borrower, the type of dwelling, whether the borrower is self-employed, the location of the property and other factors. Please contact a lender in your area to determine what rates you qualify for.

    **Rates calculated from national averages.  To determine rates in your area please contact your local lender.

    Local Schools

    School NameTypeDistanceGreatSchools Rating
    1110 Meridian Street North, Huntsville AL 35801
    (256) 539-1941
    private
    0.9 mi
    817 Adams Street Southeast, Huntsville AL 35801
    (256) 428-7700
    public
    1 mi
    map link
    1005 Drake Avenue SE, Huntsville AL 35802 , Huntsville AL 35801
    (256) 551-4439
    private
    1 mi
    1321 Woodmont Avenue Southeast, Huntsville AL 35801
    (256) 428-7020
    public
    1 mi
    map link
    2006 Reuben Drive, Huntsville AL 35811
    (256) 428-7640
    public
    1.2 mi
    2605 LEEMAN FERRY RD SW, Huntsville AL 35801
    (256) 539-5161
    private
    1.2 mi
    406 Governors Drive Southeast, Huntsville AL 35801
    (256) 539-1772
    private
    1.2 mi
    2500 Meridian Street North, Huntsville AL 35811
    (256) 428-8150
    public
    1.3 mi
    map link
    2500 Meridian Street North, Huntsville AL 35811
    (256) 428-7800
    public
    1.3 mi
    map link
    1001 Monroe Street Southwest, Huntsville AL 35801
    (256) 761-3200
    public
    1.5 mi
    600 Governors Dr SW, Huntsville AL 35801
    private
    1.5 mi
    2334 Pansy Street Southwest, Huntsville AL 35801
    (256) 534-6296
    private
    1.7 mi
    2304 Billie Watkins Street Southwest, Huntsville AL 35801
    (256) 428-8050
    public
    1.7 mi
    map link
    2300 Beasley Avenue Northwest, Huntsville AL 35816
    (256) 539-5221
    private
    1.8 mi
    3112 Meridian Street North, Huntsville AL 35811
    (256) 428-7100
    public
    1.9 mi
    map link
    2402 Hammonds Avenue Northwest, Huntsville AL 35816
    (256) 533-4115
    private
    2 mi
    2901 Pike Avenue NW, Huntsville AL 35810
    (256) 852-3723
    private
    2 mi
    2755 Wilson Drive Northwest, Huntsville AL 35816
    (256) 428-7440
    public
    2 mi
    map link
    2800 Poplar Avenue Northwest, Huntsville AL 35816
    (256) 428-7600
    public
    2.1 mi
    map link
    1005 Drake Avenue Southeast, Huntsville AL 35802
    (256) 799-6115
    private
    2.3 mi
    1005 Drake Avenue Southeast, Huntsville AL 35802
    (256) 799-6192
    private
    2.3 mi
    1107 Monte Sano Boulevard Southeast, Huntsville AL 35801
    (256) 428-7300
    public
    2.3 mi
    3209 Whitesburg Dr S, Huntsville AL 35802
    (256) 881-4291
    private
    2.4 mi
    3001 9th Avenue SW, Huntsville AL 35805
    (256) 536-9515
    private
    2.5 mi
    3616 Holmes Avenue Northwest, Huntsville AL 35816
    (256) 533-5248
    private
    2.6 mi

    Data provided by GreatSchools.org ©2023. All rights reserved.

    Share on Social Networks
    Share by Email
    SEND EMAIL
    Form Title
    SUBMIT
    https://1122Wellman.seeit.info
    Jim Davis Caroline Davis

    New South Realtors

    1874 Slaughter Rd
    Madison, AL 35758

    (256) 651-8500
    REALTORREALTORCertified Residential SpecialistrGraduate REALTOR Institutee-PROrEqual Housing OpportunityCertified Relocation Professional

    © 2024 Properties Online, Inc. (PropertiesOnline.com) Content including property details, articles or opinions posed on this website have not been independently verified and cannot be guaranteed. All information offered within this website should be independently verified.  Website content is provided at the reader's own risk and the reader will not hold the parties involved in creating, producing or delivering this information liable for any loss, injury, claim, liability, or damage of any kind resulting in any way from any errors in or omissions from the information. Laws and taxes vary from state to state. You should consult with your individual CPA or tax attorney when purchasing or selling real estate. By providing links to other sites Properties Online, Inc. does not guarantee, approve or endorse the information or products available at these sites, nor does a link indicate any association with or endorsement by the linked site to the agent, brokerage, brand or Properties Online, Inc. Privacy Policy

    Equal Housing Opportunity.
    SERVER: ListingServer