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
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    *Rates for June 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.

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    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

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