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About This Home
This 0-bedroom, 0-bathroom residential multi family at 251 1ST Street NE in Lafayette, AL is listed for $149,000 ($53 per sqft). Built in 1960, the home offers 2,800 sqft of living space on a 2.06 acres lot.
Perfect for investors! Priced to sell and full of potential, this unique property package sits on over 2 acres and includes multiple income-producing units. The single-family home features 3 bedrooms and 1 bathroom. Next door, you'll find even more investment potential with a duplex offering two units, each with 2 bedrooms and 1 bathroom.
At the rear of the property, conveniently located just off the 4-lane road, are two garage apartments - the upper unit features 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. In total, this property includes 5 units, 11 bedrooms, and 5 bathrooms, plus additional land between the structures, providing even more value and future development potential. This is an excellent income-producing opportunity with room to grow. Property is being sold as-is.
Key Features
- Built in 1960
- 2.06 acre lot
Property Details
Monthly Cost Estimate
$797/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
251 1ST Street NE
Lafayette, AL 36862
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 251 1ST Street NE is listed at $149,000 ($53/sqft). The estimated monthly payment is $646 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 2.06 acre lot.
This property is listed by JESSICA STROUD or jessicastroud.realtor@gmail.com.
JESSICA STROUD
Agent at FIRST REALTY SALES