$500,000
$529,900
5.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
2,177 SqFt
SOLD DATE : 12/23/2024
Key Details
Sold Price $500,000
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,177 sqft
Price per Sqft $229
Subdivision Knox Square
MLS Listing ID 21398061
Sold Date 12/23/24
Bedrooms 3
Full Baths 2
HOA Fees $116/ann
HOA Y/N Yes
Year Built 2023
Lot Size 5,227 Sqft
Property Description
INVESTORS ONLY - Great opportunity for a long term investment in one of the most popular communities in Hoover. This recently new, one-level 3 bedroom 2 bath home currently has a rental tenant on a 3 year lease thru May of 2026. The tenant would like to stay in the home and continue to rental as long as possible. The current owner will only sell the home if and only if, the new owner agrees to continue to maintain the current rental agreement, and agree to let the tenants agree to extend the lease past May 2026. No showings allowed unless the buyer agrees to these terms. Tenant pays $3400/month + utilities. Average utilities (Electric, Gas, Water combined) are $450-$500/month. Current rent of $3750/month includes garbage, termite services, water, and sewer charges, electric, and gas incurred during occupancy. Tenant is responsible for cable, phone, internet, pest control, or any other non-essential utilities.
Location
State AL
County Jefferson
Area Bluff Park, Hoover, Riverchase
Rooms
Kitchen Island, Pantry
Interior
Interior Features Recess Lighting, Security System
Heating Central (HEAT)
Cooling Central (COOL)
Flooring Hardwood, Tile Floor
Laundry Washer Hookup
Exterior
Exterior Feature Porch, Sprinkler System
Parking Features Attached, Driveway Parking
Garage Spaces 2.0
Amenities Available BBQ Area, Clubhouse, Sidewalks, Street Lights
Building
Lot Description Interior Lot, Subdivision
Foundation Slab
Sewer Connected
Water Public Water
Level or Stories 1-Story
Schools
Elementary Schools Trace Crossings
Middle Schools Bumpus, Robert F
High Schools Hoover
Others
Financing Cash,Conventional
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