UNDER CONTRACT (You can still submit back up offers and/or check out our other properties)
Great opportunity for investors! Liquidating entire portfolio. This property may need some work today but will surely give you a steady return in the future! Great location and very affordable. This home is surrounded by a variety of amenities nearby such as restaurants, churches, groceries, schools, and more. It has easy access to main roads, highways, and Ensley Park too. A great investor choice. Rental estimate is $789. Good opportunity for buy and hold investors looking for cash flow.
Cash on Cash return calculation
Price $17,500
$450 x 12 months=$5,400 x .6= $3240
Estimated Cash on Cash Return
14 % Cash on Cash Return! I bet your bank does not pay that! Stop storing your money in the bank and invest in real estate!
VIDEO TOUR
COMING SOON
VIRTUAL TOUR
https://www.nodalview.com/kCD58ERWECe8WwfjCcdrEZkM?viewer=mls&_ga=2.37417952.1979491239.1598897787-289418915.1594744033
ADDITIONAL PHOTOS AND VIDEOS
https://bit.ly/3aVJHOG
PROPERTY RECORDS/APPENDIX A
Status: Tenant Occupied
Market Rents: $795
Estimated repairs $10 to $15 a sq ft ($13,020 to $19,530)
Total Rooms: 6
Bedrooms: 3
Total Bathrooms: 1
Full Bathrooms: 1
Number of Fireplaces: 1
Air Conditioning Type:Yes
Heating Type: Forced air unit
Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
Building Condition: Fair
Exterior Wall Type: Wood
Roof Type: GABLE OR HIP
Roof Cover Type: Shingle (Not Wood)
Sewer Type: Municipal
Water Source: Municipal
Number of Stories: 1
Building Area: 1,302 SqFt.
Living Area: 1,302 SqFt.
Gross Area:1,414 SqFt.
APN: 30-00-13-2-002-002.000
Old/Alternate APN: 3000132002002000
Property Class: RESIDENTIAL
Property Type: Single Family Residential
Zoning: R3
County Land Use Code: 111
Census Tract: 10602
Lot Width: 500
Lot Depth: 1,460
Lot Size: 0.168 acres
Lot Area: 7,300 SqFt.
School District: Fairfield City School District
Block: 1
Lot Number: 5
District: 55-0000
Municipality: FAIRFIELD
Subdivision Name: TENN LD COS 1ST ADD
Meridian: SEC 13 TWN 18S RNG 04W
Legal Description: LOT 5 BL 1 TENN LAND COS 1ST ADD TO FAIRFIELD VILLAGE SEC 13 TP 18 R 4
Property Tax: $794
Tax Juridiction Code: 55
FEMA Zone X (est.)Flood Factor flood 1/10 - This property has a minimal Flood Factor
Sold for $24,900 on 02/03/25
$24,900
516 60th St, Fairfield, AL 35064
3beds
1,302sqft
SingleFamily
Built in 1926
7,405 Square Feet Lot
$-- Zestimate®
$19/sqft
$1,074 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air
Cooling
- Other
Appliances
- Included: Dryer, Washer
- Laundry: In Unit
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 1,302 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Wood
Lot
- Size: 7,405 sqft
Details
- Parcel number: 3000132002002000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Wood
- Roof: Asphalt
Condition
- Year built: 1926
Community & neighborhood
Location
- Region: Fairfield
Other
Other facts
- Bicycle storage
- Cooling System: Air Conditioning
- Laundry: In Unit
- No Utilities included in rent
- Water not included in rent