Property Details

Welcome to this ideal investment opportunity! This 2-home package deal is located near the Univ of Alabama and comes with a pre-existing tenant base. Both homes are currently leased through July 2025, with at least one having tenants who wish to renew for another year. Both homes have 3 bedrooms & 2 full baths. Both have been extensively updated in recent years. Both homes have been well-maintained & equipped w/ modern amenities, incl. updated kitchens & bathrooms. With a reliable tenant base already in place and a prime location near the University, this 2-home package deal is a smart investment with great potential for long-term success. 1628 had new roof installed early Oct 2023 and new HVAC and furnace in April 2024. 1624 had a new HVAC system installed in the summer of 2022.

Features

• Type: MultiFamily
• Total Sq. Ft.: 3266.0
• Bedrooms: 6
• Baths: 4 full & 1 half baths
• Acreage: 0.19
• Garage: Yes
• Interior Features: OpenConcept
• Cooling: CentralAir
• Heating: Central
• Year Built: 1946
• Appliances: WaterHeater
• Construction: Brick,VinylSiding
• Fireplace:  LivingRoom
• Laundry: Inside,LaundryRoom
• Levels: One
• Style: Other
• Roof: Composition, Shingle
• Sewer: Connected
• Utilities: SewerConnected
• Waterfront:  Yes