Property Details
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.
Quick Facts
1628 5th AvenueTuscaloosa, AL 35401
MLS #159388
Listed 9 months ago
$505,000
Features
- Type: MultiFamily
- Acreage: 0.19
- Garage: Yes
- Interior Features: OpenConcept
- Cooling: CentralAir
- Heating: Central
- Year Built: 1946
- Appliances: WaterHeater
- Construction: Brick,VinylSiding
- Fireplace: LivingRoom
- Laundry: Inside,LaundryRoom
- Levels: One
- Style: Other
- Roof: Composition, Shingle
- Sewer: Connected
- Utilities: SewerConnected
- Waterfront: Yes