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2524 18TH PLACE S

Homewood, AL 35209
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 51 Days
  • MLS #: 21392456
Under Contract
UPDATED: 26 min ago
$599,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1975
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of ARC Realty - Homewood.
© 2024 Greater Alabama MLS.



Description

Welcome to this fantastic investment opportunity. Award winning Homewood City Schools! This updated and well-maintained 4-unit multiplex features four separate spacious and inviting 2 bedroom/1 bath rental units. Each unit is 700 square feet with light colored LVP floors throughout, stainless steel kitchen appliances and updated bright white kitchens and baths. The property features a shared yard, perfect for outdoor activities and relaxation. Off street parking in rear lot. On street parking also available. New $40K laundry facility was added to the basement in Feb 2023 (2 W/D) for the convenience of the tenants. With four separate units in this building, this property presents an excellent opportunity for rental income and long-term investment growth. All units are occupied through spring/summer 2025.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. 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. IDX content is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-09-12T11:30:31.953.

www.joshvernongroup.com/homes/152869084
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2524 18TH PLACE S Homewood, AL 35209

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 51 Days
  • Updated: 26 min ago
  • MLS #: 21392456
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Rosedale
County:
Jefferson
Area:
Homewood
Elementary School:
Shades Cahaba
Middle School:
Homewood
High School:
Homewood
Property Description
Welcome to this fantastic investment opportunity. Award winning Homewood City Schools! This updated and well-maintained 4-unit multiplex features four separate spacious and inviting 2 bedroom/1 bath rental units. Each unit is 700 square feet with light colored LVP floors throughout, stainless steel kitchen appliances and updated bright white kitchens and baths. The property features a shared yard, perfect for outdoor activities and relaxation. Off street parking in rear lot. On street parking also available. New $40K laundry facility was added to the basement in Feb 2023 (2 W/D) for the convenience of the tenants. With four separate units in this building, this property presents an excellent opportunity for rental income and long-term investment growth. All units are occupied through spring/summer 2025.
Exterior Features

Multifamily Property Type Quadplex

Interior Features

Basement Finish All Unfinished Basement Style Partial Basement Cooling Ceiling FansElectric (COOL)Individual Units (COOL) Floors Vinyl Foundation Basement Heating Electric (HEAT)Individual Units (HEAT) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction BrickSiding Expense Term Per Month Expenses 800 Financing CashConventional Miscellaneous None/Other Sales Type N/A Sewer Septic Connected Tenant Pays Cable/TV Connect (TENANT)Electric (TENANT)Hot Water (TENANT) Type One Features RefrigeratorSep LivingStove Type One Units 4 Water Public Water Water Heater Electric (WTRHTR) Year Built Desc Existing

Listing provided by ARC Realty - Homewood: (205) 969-8911.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. 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. IDX content is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-09-12T11:30:31.953.

 
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Josh Vernon Group | Keller Williams
Birmingham AL,
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of ARC Realty - Homewood.
© 2024 Greater Alabama MLS.