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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

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    $1,074/mo

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    $1,074/mo

    Rent Zestimate®

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    $117/mo

    Est. payment

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    $117/mo

    Est. payment

    What's special

    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

    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