3 months on rocket

1701 Toll Gate Rd, Huntsville, AL, 35801

$500,000

Home List Price

$5,938*

Closing Credit

0 Baths
Multi

Location

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1701 Toll Gate Rd, Huntsville$500,000

Buyer Closing Credits

$5,938*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingPublic
CoolingWall Unit(s)
MLS #21861693
Lot Size0.26 Acres
StatusActive

About 1701 Toll Gate Rd

Great investment opportunity in the highly desirable Five Points area at the base of Monte Sano Mountain. This 5-unit apartment building offers excellent rental potential. Four of the units have been remodeled and modernized, and all units had new windows installed in 2023. Unit A - Vacant - Market rent $850 Unit B - Vacant - Market rent $850 Unit C - Leased $600 month Unit D - Vacant - Market rent $750 (unit is not modernized) Unit E - Leased - $850 month New plumbing lines installed Unit B 2022 New attic insulation installed 2022 Units B & D have washer/dryer hookups Previously used as Airbnb rentals, now perfect for traditional rental

Property Details

Property Features

Listing Office:

  • Office Name: M J Properties
  • Office Phone: (256) 929-8104

Interior Features

Interior Information:

  • Appliances: Refrigerator, Oven

Exterior Features

Parking Information:

  • Parking: Public

Lot Features

Lot Information:

  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: From Oakwood, South On Andrew Jackson, East On Wells Ave, South On Windham, East On Toll Gate. Property On North Side Of Road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $500,000
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Housing Market Comparison

See how this home compares to others in Huntsville, AL.

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Huntsville, AL

City

Med. Sold Price

$331.9K

Med. Price/SqFt

$164

Avg. Days On Market

224

# of Sold Homes

220

1701 Toll Gate Rd vs Huntsville

113 DAYS ON ROCKET

-111 Days

$500,000

+$168K More

KEY TAKEAWAY

This property is $168K more than the Median Sold Price in Huntsville, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #21861693

Listing Office:

  • Office Name: M J Properties
  • Office Phone: (256) 929-8104

The data relating to ValleyMLS on this Web site derived in part from the VALLEYMLS.COM MLS (VALLEYMLS.COM) IDX datashare program. © 2024 Valley MLS, Inc.

All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,566

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-281229
5
/10

  • Blossomwood Elementary School

  • 1321 Woodmont Ave SE

  • 0.76 miles

  • Public District Grades PK-6

school-card-donut-281230
7
/10

  • Chapman Elementary School

  • 2006 Reuben Dr NE

  • 1.22 miles

  • Public District Grades PK-5

school-card-donut-281231
10
/10

  • Monte Sano Elementary School

  • 1107 Monte Sano Blvd SE

  • 1.97 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,845. The most common annual income of people living in Huntsville, AL is less than $35k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Alabama›Madison County›Huntsville›35801›1701 Toll Gate Rd

This home is located at 1701 Toll Gate Rd in Huntsville, AL and zip code 35801. This home sits on a 0.26 acre lot. It has been listed on Rocket Homes since July 30, 2024 and is currently priced at $500,000.

In October 2024 more than 27 listings in Huntsville, AL were sold above the asking price. During the same period more than 70 listings were sold at asking price, while more than 122 were sold below. In October 2024 in Huntsville, AL there were 4.7% more homes for sale than in September 2024. In October 2024 median list price was $331,909 and the average listing age was 224 days.

From Rocket Homes Real Estate and based on county public records data.

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