Fully Updated 3-Story Duplex in the Heart of Hoover

Asking $ 620,000
  • This 100% occupied 3-story duplex is in the heart of Hoover, off Rocky Ridge Rd.
  • Updated unit incl. 3 br, 2 ba, & are 2000+/- sqft.
  • Walk into a spacious living room leading into a dining area & kitchen.
  • Living & dining rooms have new engineered hardwoods.
  • The kitchen includes new stainless appliances (fridge, stove, & dishwasher) & tile.
  • Bedrooms are carpeted & each bathroom has a vanity & shower-tub combo.
  • Additional updates include exterior & interior paint & lighting throughout.
  • Unit A has a new HVAC compressor & Unit B has a new heating system.
  • Currently, rents are Unit A = $2,250/mo & Unit B = $2,350/mo.
  • There is potential room to grow these ~$2,500.
  • The owner currently pays the water bill & maintains the yard.
  • Heating (gas) & cooling systems (electric) are in the basement that houses 2 garage spaces (1/unit).
  • Tenants are currently in each unit, 24 hours’ notice MUST be given prior to showing the property.
  • The listing agent/owner will be present at showings.
  • The owner is a licensed real estate agent of Al.
  • Updated On:
  • January 24, 2024
Property Id : 61811
Price: Asking $ 620,000
Property Size: 3,886.00 ft2
Property Lot Size: 3,886.00 ft2
Rooms: 12
Bedrooms: 6
Bathrooms: 4
Year Built: 1969
External Construction: Brick
Rent (mo): 4800
ROI (ann): 17.8%
Cashflow (mo): 345
Property Taxes (mo): 536
Insurance (mo): 270
Repairs (mo): 100
Management Fee (mo): 376
Leasing Fee (ann): 1410
HOA (mo): 0
Vacancy Rate (ann): 48
Other Features
back yard
fenced yard
Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals
$ 3,714.12
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,939.12

Property Reviews

You need to login in order to post a review
Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

Compare Listings

Simply Do It