401-403 Valley Road

Sold 10/4/22
Sold 10/4/22
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Sold
Last Sold Price
$117,000
6 beds2,925 sqft
401-403 Valley Road, Fairfield, AL 35064
Multi FamilyProperty Type
1930Year Built
$40/sq ftPrice per sq ft

Description

Back on market! Great Investment opportunity! Quadplex. Sold with tenants in place. Unit numbers; 401, 401 1/2, 403, 403 1/2. All units are 2 bedroom and 1 bath. 3 Units rented. Only photos of 403 1/2 and 401 1/2 are attached. Will try to get photos of 401 & 403 soon. Unit 401 1/2 recently vacated and needs new flooring or new carpet and paint. Units rent for $350.00, $350.00, $395.00, $395.00 (but this one is currently vacant) = $1,490.00, per month. 2 tenants have been in place for over 20 years....Back on market! Great Investment opportunity! Quadplex. Sold with tenants in place. Unit numbers; 401, 401 1/2, 403, 403 1/2. All units are 2 bedroom and 1 bath. 3 Units rented. Only photos of 403 1/2 and 401 1/2 are attached. Will try to get photos of 401 & 403 soon. Unit 401 1/2 recently vacated and needs new flooring or new carpet and paint. Units rent for $350.00, $350.00, $395.00, $395.00 (but this one is currently vacant) = $1,490.00, per month. 2 tenants have been in place for over 20 years. All 4 HVAC units are new within the last few years. Leases; 401 1/2 - empty - , 403 1/2 expires 09/30/22, 403 expires 05/31/23, 401 expires 07/30/23. Please do not attempt to show or disturb tenants. Property cannot be shown until under contract for inspection. Highest and Best offers due by Tuesday 09/06/22 at 5 pm cst.
  • Listed by: Bryan Welch 205.529.8614 sold@bryanwelch.com Brokerage DRE #120562 • REALTYNET
Listing closed: 10/04/2022 12:00 AM • Source: Greater Alabama MLS, MLS#: 1332814

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Recent comparable sales

Median sold price

$294,000

Avg days on market

48

Sale-to-list ratio

96.0%

Fairfield, AL

9 comparable properties found

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Property Information for 401-403 Valley Road

Property Details
  • MLS Type: Residential Income / Quadruplex
  • County: Jefferson County
  • Subdivision Name: COREY
Building Information
  • Residences: 4
  • Year Built: 1930
Summary
Location and General Information
  • Directions: via I-20 W/I-59 S Best route now due to traffic conditions Details 11 min 8.2 miles via 6th Ave N and I-20 W/I-59 S 39 min
  • Latitude: 33.488166
  • Longitude: -86.914146
  • MLS Area Major: Ensley, Fairfield, Midfield, West End
School Information
  • Elementary School: GLEN OAKS
  • High School: FAIRFIELD
  • Middle Or Junior School: RUTLEDGE
Parking
  • Parking Features: Assigned
Virtual Tour
Property
Property and Assessments
  • Living Area: 2925.0
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Year Built: 1930
Building Features
  • Construction Materials: Brick
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Flooring: Laminate
  • Interior Features: Eat-in Kitchen
  • Main Level Bedrooms: 2
Multi Family
Multi Family Information
  • Number Of Units Total: 4

Property History for 401-403 Valley Road

DateEvent & SourcePriceAppreciation
Oct 4, 2022

Sold

Greater Alabama MLS #1332814

$117,000—
Oct 2, 2022

Contract Signed

Greater Alabama MLS #1332814

—
Sep 2, 2022

Listed (Active)

Greater Alabama MLS #1332814

$139,900—
DateEvent & SourcePrice
10/04/2022

Sold

Greater Alabama MLS #1332814

$117,000
10/02/2022

Contract Signed

Greater Alabama MLS #1332814

—
09/02/2022

Listed (Active)

Greater Alabama MLS #1332814

$139,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 401-403 Valley Road

This home is within Fairfield City School District.
Rating
School
Type
Grades
Distance
Robinson Elementary School
Public - K to 2
Donald Elementary School
Public - 6 to 8
Fairfield High Preparatory School
Public - 9 to 12
Fairfield Alternative School
Public - K to 12
Rating
School
Distance
Robinson Elementary School
PublicK to 2

Donald Elementary School
Public6 to 8

Fairfield High Preparatory School
Public9 to 12

Fairfield Alternative School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 401-403 Valley Road, Fairfield, AL 35064
$117,000
6
2,925
–
401 Valley Road, Fairfield, AL 35064
$117,000
–
1
4,464
8,200
407 Valley Road, Fairfield, AL 35064
–
3
1
1,258
6,615
5107 Hillside Drive, Fairfield, AL 35064
–
3
2,177
11,100
413 Valley Road, Fairfield, AL 35064
$14,000
2
1
1,064
6,867
325 Valley Road, Fairfield, AL 35064
$56,500
–
1
1,240
5,000

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALTYNET

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Birmingham Alabama Association of REALTORS®. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Birmingham Alabama Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records.