$242,000
$240,000
0.8%For more information regarding the value of a property, please contact us for a free consultation.
737 40TH PLACE Fairfield, AL 35064
2 Beds
1 Bath
Key Details
Sold Price $242,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Subdivision Fairfield
MLS Listing ID 21399290
Sold Date 11/22/24
Bedrooms 2
Full Baths 1
Year Built 1920
Property Description
Great investment opportunity in this classic 2 story brick and frame build with beautiful front porches for each unit! All units in the building have been updated with NEW WINDOWS and doors. Two have been updated like the photos- with paint, flooring, cabinetry and upgrades in kitchens and baths, new appliances. All electrical throughout the building was brought to code. Each unit is 1,009 square feet! Large living rooms, beautiful private porches off the living room! Two large bedrooms are separated for more privacy. Lots of closets and storage! Plumbed for washer and dryer in it's own space near the bathroom. Full bath. Back exit leads to the vast parking lot with space for 10+ cars! Tons of parking space! Rents are from $550-$850. Unit C is getting new HVAC installed & should get new rent at $875 (exact number is not confirmed yet.) 2 Long term happy tenants in place. Exterior has recently been all cleaned. New chimney caps! Separate water meters for each unit. Section 8 compliant
Location
State AL
County Jefferson
Area Ensley, Fairfield, Midfield, West End
Interior
Heating Heat Pump (HEAT)
Cooling Window Units (COOL)
Flooring Some Hardwood, Tile
Exterior
Garage 2 Spaces per Unit, On Street Parking
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Robinson
Middle Schools Forest Hills
High Schools Fairfield
Others
Financing Cash,Conventional
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Bought with Keller Williams Realty Vestavia