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251 1st St NE, Lafayette, AL, 36862

3beds
1baths
2,800sqft
$149,000
$53price/sqft
$1,264/moest. monthly cost
$50,560/yrincome needed

About This Home

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.

Getting Around

36
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

2/10
1/10
Lafayette High SchoolGrades 9-120.4 mi

Construction

Condition

  • Year built: 1960

Materials

  • Construction materials: Brick Veneer,Block,Clapboard

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1

Features

  • None
  • Finished area below ground: 0
  • Finished area above ground: 0

Heating & Cooling

  • Heating features: None
  • Cooling features: Other,See Remarks

Interior Area

  • Total interior livable area: 2,800 sqft

Property

Details

  • Parcel number: 121201123001047

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: None

Lot

  • Lot size: 2.06 Acres
  • Features: 1-3 Acres

Parking

  • Total spaces: 1
  • Parking features: Garage,One Car Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1