This is 3 detached homes on a single parcel. Each home is 3 bedrooms and 1 bathroom. This is a great cash flow opportunity with 2 units filled and one pending an lease being reviewed by Section (JeffCo). Owning these come with very little overhead as there is not a common area and the front area is concrete so no grass to maintain. These have been well maintained with central HVAC maintenanced. The tenant in unit 5402 has been approved for an increase to $1241 per month. Owner is willing to sell these as a triplex of units or parcel them out and sell individually.
The median home value in Fairfield, AL is $76,500. This is lower than the county median home value of $204,200. The national median home value is $338,100. The average price of homes sold in Fairfield, AL is $76,500. Approximately 42.69% of Fairfield homes are owned, compared to 37.57% rented, while 19.74% are vacant. Fairfield real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fairfield real estate agent to arrange a tour today!
Fairfield, Alabama has a population of 10,108. Fairfield is less family-centric than the surrounding county with 9.7% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Fairfield, Alabama is $43,914. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Fairfield is 32.1 years.
The average high temperature in July is 90.5 degrees, with an average low temperature in January of 32.9 degrees. The average rainfall is approximately 56.6 inches per year, with 1.3 inches of snow per year.