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1628 5th Avenue

TUSCALOOSA, AL 35401
  • $505,000
  • STATUS: Active
  • ON SITE: 181 Days
  • MLS #: 159388
$505,000
  • 6
    BEDS
  • 0.19
    ACRES
  • 4
    BATHS
  • 1
    1/2 BATHS
  • 3,266
    SQFT
  • $155
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1946
County:

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2024 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Williams Group at Keller Williams Realty Tuscaloosa. Data last updated: 2024-04-03T23:50:32.51.

www.thewilliamsgroupal.com/homes/144522741
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1628 5th Avenue TUSCALOOSA, AL 35401

  • Price: $505,000
  • Status: Active
  • On Site: 181 Days
  • MLS #: 159388
6
Beds
4
Baths
1
½ Baths
0.19
Acres
3,266
SQFT
$155
$/SQFT
1946
Built
Neighborhood:
University Place
County:
Tuscaloosa
Area:
(02) Central Tuscaloosa City
Elementary School:
University Place
Middle School:
Northridge
High School:
Northridge
Property Description
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.
Exterior Features

Attached Garage YN Yes Construction Materials Brick Vinyl Siding Garage YN Yes Lot Size Area 0.19 Parking Features Attached Concrete Driveway Garage Pool None Roof Composition Shingle Waterfront YN No

Interior Features

Appliances Water Heater Basement YN No Cooling Central Air Cooling YN Yes Fireplace Living Room Fireplace YN Yes Heating Central Heating YN Yes Interior Features Open Concept Levels One Living Area 3266

Property Features

Laundry Features Inside Laundry Room Lease Considered No Listing Terms Cash Conventional FHA USDALoan VALoan Possession Close Of Escrow Property Condition Resale Property Sub Type Multi Family Road Surface Type Paved Sewer Connected Style Other Utilities Sewer Connected Year Built Details Over 35

Listing provided by Pat Powell of 1ST Class Real Estate Heritage Homes: (205) 331-5023.
© 2024 West Alabama Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Williams Group at Keller Williams Realty Tuscaloosa. Data last updated: 2024-04-03T23:50:32.51.

 
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The Williams Group at Keller Williams Realty Tuscaloosa
1490 Northbank Parkway Suite 180
Tuscaloosa AL, 35406