2524 18TH PLACE S
Homewood, AL 35209
- – beds
- – baths
- – sqft
- 1975 build
- – on site
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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.
Last checked:
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Last updated Oct 1, 2024
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MLS# 21392456 —
The Building
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Year Built:1975
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Year Built Description:Existing
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Construction:Brick, Siding
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Foundation:Basement
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Basement Style:Partial Basement
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Basement Finish:All Unfinished
Interior
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Floors:Vinyl
Financial & Terms
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Financing:Cash, Conventional
Location
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Directions:From Hwy 280 N Turn right onto to Woodcrest place like you are driving towards the Embassy Suites hotel. Take your first left onto 26th Avenue South, Turn Right on 18th Place S/Mamie L Foster.
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Latitude:33.4852848891739
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Longitude:-86.7911312366485
The Property
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Legal Description:Lot 10 Blk 12 South Bham
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Property Type:Quadplex
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Flood Plain:No
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Class:MULTIFAMILY
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Miscellaneous:None/Other
Listing Agent
- Contact info:
- Office phone:
- (205) 969-8911
Taxes
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Parcel ID:28-00-07-2-009-011.000
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Tax District:HOMEWOOD
The Listing
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Sales Type:N/A
Heating & Cooling
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Cooling:Ceiling Fans, Electric (COOL), Individual Units (COOL)
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Heating:Electric (HEAT), Individual Units (HEAT)
Utilities
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Water:Public Water
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Sewer/Septic:Connected
Appliances
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Water Heater:Electric (WTRHTR)
Schools
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Elementary School:SHADES CAHABA
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Jr/Middle School:HOMEWOOD
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High School:HOMEWOOD
The Community
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Minor Subdivision:ROSEDALE
Parking
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Parking:1 Space per Unit
Extra Units
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Total Units:4
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Type 1 Furnished:None
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Type 1 Features:Refrigerator, Sep Living, Stove
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Type 1 SqFt:700 Sqft
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Type 1 # of Units:4
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Type 1 # Bedrooms:2
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Type 1 # of Full Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/30/24
Sep 30, 2024
|
Sold | GALMLS | $565,000 | -5.7% |
|
8/21/24
Aug 21, 2024
|
Sold Subject To Contingencies | GALMLS | $599,000 | |
|
7/25/24
Jul 25, 2024
|
Listed / Active | GALMLS | $599,000 |
