Overview
- Multi-Family
- 2800
- 1960
Description
Investors, don’t miss this fantastic multi-family investment opportunity! Priced to sell and full of potential, this property package includes a single-family home, a duplex, and two garage apartments on adjoining lots. The home at 251 1st St NE offers 3 bedrooms and 1 bathroom. Next door, the duplex at 253 1st St NE features two units, each with 2 bedrooms and 1 bathroom. At the back of the property, 224 N LaFayette St includes two garage apartments: the upper unit has 1 bedroom and 1 bathroom, while the lower unit offers 3 bedrooms and 1 bathroom. The lot also includes land between the garage apartments and the home/duplex, providing additional value and future potential. That’s a total of 5 units, 11 bedrooms, and 5 bathrooms—an excellent income-producing opportunity. Property is sold as is.
Address
Open on Google Maps- Address 251 1ST NE STREET
- City LAFAYETTE
- State/county AL
- Zip/Postal Code 36862
- Area Outside Lee Co
Details
Updated on June 11, 2025 at 10:20 pm- Property ID: HZ2015929
- Price: $195,000
- Property Size: 2800 Sqft
- Land Area: 2.06 Acre
- Year Built: 1960
- Property Type: Multi-Family
- Property Status: For Sale
- MLS#: 175349
- Office Name: THE TALONS GROUP
- Agent Name: JESSICA STROUD
- MLS Status: Active
Additional details
- List Agent MLSID: 111043065
- Listing Contract Date: 2025-06-11
- Baths Half: half_bathroom
- AC: Other-See Remarks
- Approx Land Size: 1-3 Acres
- Community: LAFAYETTE
- County Or Parish: CHAMBERS
- Directions: Take U.S. Highway 431 North toward LaFayette and continue for approximately 14 miles. Turn left onto AL-50 West (also known as 9th Avenue SW or Veterans Memorial Parkway) and follow it for about 8.1 miles. Then, turn right onto 1st Street NE and continue for approximately 0.2 miles. The property at 251 1st Street NE will be on your left.
- Elementary Intermediate School: EAST SIDE ELEMENTARY
- Exterior Finish: Block,Brick Veneer,Wood/Clapboard
- Heating: None
- List Agent MUI: 9406309
- List Agent Direct Work Phone: 334-744-1323
- List Agent Email: [email protected]
- List Office MUI: 7606864
- List Office Phone: 334-758-6220
- Matrix Modified DT: 2025-06-11T22:15:18.327
- NUM Stories: One
- Owner Pays: Other-See Remarks
- Parking: Garage
- Photo Count: 5
- Photo Modification Timestamp: 2025-06-11T13:35:50.453
- Property Sub Type: Multi-Family (5+ Units)
- Showing Time Flag YN: 1
- Subdivision: NONE
- Subdivision Amenities: None
- Tenant Pays: Other-See Remarks
- Total Units: 5
- Utilities: Sewage-Public,Water
- Water Heater: Other-See Remarks
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