2524 18th Place, Homewood, AL 35209

$599,000
List Price
$599,000
Status
CONTINGENT
MLS#
21392456
Year Built
1975
Region
Homewood
Subdivision
Rosedale

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.

Additional Information

Floors
Vinyl
Basement
Partial Basement
Cooling
Ceiling Fans, Electric (COOL), Individual Units (COOL)
Parking
1 Space per Unit
Construction
Brick, Siding
Water
Public Water
Elementary School
Shades Cahaba
Middle School
Homewood
High School
Homewood

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of ARC Realty - Homewood.