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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

    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.

    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
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.