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5402, 5406, 5410 AVENUE D Fairfield, AL 35064
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Key Details
Sold Price $217,500
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 21371408
Sold Date 01/29/24
Year Built 1930
Lot Size 0.440 Acres
Property Description
Step into an extraordinary investment opportunity encompassing not one, but three individual residences on a single parcel in Fairfield, AL. Each property—5402, 5406, and 5410 Ave D.—represents a unique avenue for steady income and long-term value. At 5402 Ave D, discover a 3-bed, 1-bath dwelling currently rented at $823 through Section 8, ensuring a stable income stream until the lease concludes on 7/31/2024. Meanwhile, 5406 Ave D presents a spacious 3-bed, 1-bath home leased to a cash tenant at $900, securing revenue until 5/31/2024. Adjacent to it, 5410 Ave D houses another 3-bed, 1-bath property rented to a cash tenant at $850, guaranteeing consistent income until 7/31/2024.These properties have undergone meticulous updates, including newer HVAC systems installed within the last three years, upgraded plumbing and electrical systems, refreshed interiors with newer floors and paint, and sturdy roofs less than eight years old.
Location
State AL
County Jefferson
Area Ensley, Fairfield, Midfield, West End
Interior
Interior Features Sheetrock
Heating Electric (HEAT)
Cooling Central-Electric
Flooring Wood
Exterior
Garage 6-10
Building
Sewer Connected
Water Public Water
Others
Financing Cash,Conventional
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Bought with eXp Realty, LLC Central