Duplex, some updates, some repairs needed. each unit unique.
Come and see this lucrative investment opportunity with this 20-unit apartment building in the thriving market of Fairfield, Alabama! While this could be used for traditional rentals it would also be a great fit for an assisted living center or for college students. Conveniently located, this property is near bus stops and within walking distance to Miles College! Perfectly positioned for value-add enhancements, this property is ideally suited for investors aiming to maximize returns.
The median home value in Fairfield, AL is $70,200. This is lower than the county median home value of $124,900. The national median home value is $219,700. The average price of homes sold in Fairfield, AL is $70,200. Approximately 48.38% of Fairfield homes are owned, compared to 34.44% rented, while 17.19% 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 35064 has a population of 10,850. Fairfield 35064 is less family-centric than the surrounding county with 16.21% of the households containing married families with children. The county average for households married with children is 26.39%.
The median household income in Fairfield, Alabama 35064 is $36,211. The median household income for the surrounding county is $49,321 compared to the national median of $57,652. The median age of people living in Fairfield 35064 is 36.8 years.
The average high temperature in July is 90.9 degrees, with an average low temperature in January of 32.9 degrees. The average rainfall is approximately 56.4 inches per year, with 0.8 inches of snow per year.