Attention investors! Don't miss out on this fantastic investment opportunity! This charming 3-bedroom, 1.5-bathroom home is already occupied by a wonderful tenant who has been approved by the Housing Authority. The property boasts a strong rental history with no delinquencies and a rent of $708 per month, which is one of the highest in the area. Plus, the tenant is responsible for all utilities, making this an even more attractive investment.
The property has been well-maintained and is in excellent condition, providing a great opportunity for a hassle-free investment. With a potential rent increase of $125, you could increase your overall cap rate to 6%. This investment is a steal, so serious inquiries only please.
Investing in this property is an excellent way to protect your money from inflation and add a valuable asset to your portfolio. Please note that the tenant is currently residing in the home, so we kindly ask that you do not disturb them. Contact us today to learn more about this incredible investment opportunity.
Sold for $65,000 on 09/05/23
$65,000
410 2nd Ave, Selma, AL 36701
3beds
1,153sqft
SingleFamily
Built in 1963
0.26 Acres Lot
$66,700 Zestimate®
$56/sqft
$1,121 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Included: Range / Oven
Features
- Flooring: Tile, Carpet
- Basement: Slab
Interior area
- Structure area source: Other
- Total interior livable area: 1,153 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Exterior features: Other, Brick
- Fencing: Fenced
Lot
- Size: 0.26 Acres
Details
- Parcel number: 1107261001007000
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Roof: Asphalt
Condition
- Year built: 1963
Utilities & green energy
- Water: Public
Community & neighborhood
Location
- Region: Selma
Other
Other facts
- WaterSource: Public
- Flooring: Carpet, Tile
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- CoolingYN: true
- Basement: Slab
- FoundationDetails: Slab
- RoomsTotal: 7
- LeaseAmount: 750.00
- ConstructionMaterials: Brick
- Fencing: Fenced
- Cooling: Heat Pump
- BuildingAreaSource: Other
- LivingAreaSource: Other
- CoveredSpaces: 1
- StoriesTotal: 1 Story
- YearBuiltSource: Assessor
- NumberOfPads: 1
- CurrentUse: Residential
- StructureType: Residential
- Heating: Wall Furnace
- Appliances: Electric Water Heater
- ParkingFeatures: Garage Attached
- ExteriorFeatures: Fence-Full
- CoListAgentEmail: steward@homesbyhayles.com
- CoListAgentFullName: Steward Hayles
- MlsStatus: Active
Services availability

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