$565,000
$599,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
SOLD DATE : 09/30/2024
Key Details
Sold Price $565,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Subdivision Rosedale
MLS Listing ID 21392456
Sold Date 09/30/24
Bedrooms 2
Full Baths 1
Year Built 1975
Property Description
Welcome to this fantastic investment opportunity. Award winning Homewood City Schools! This updated and well-maintained 4-unit multiplex features four separate spacious and inviting 2 bedroom/1 bath rental units. Each unit is 700 square feet with light colored LVP floors throughout, stainless steel kitchen appliances and updated bright white kitchens and baths. The property features a shared yard, perfect for outdoor activities and relaxation. Off street parking in rear lot. On street parking also available. New $40K laundry facility was added to the basement in Feb 2023 (2 W/D) for the convenience of the tenants. With four separate units in this building, this property presents an excellent opportunity for rental income and long-term investment growth. All units are occupied through spring/summer 2025.
Location
State AL
County Jefferson
Area Homewood
Interior
Heating Electric (HEAT), Individual Units (HEAT)
Cooling Ceiling Fans, Electric (COOL), Individual Units (COOL)
Flooring Vinyl
Exterior
Parking Features 1 Space per Unit
Building
Foundation Basement
Sewer Connected
Water Public Water
Schools
Elementary Schools Shades Cahaba
Middle Schools Homewood
High Schools Homewood
Others
Financing Cash,Conventional
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